The cost of living in Versailles, KY, is notably lower than the nationwide average. Housing costs, for instance, are 16% below the national average, while groceries are just 5% below. Utilities, transportation, healthcare, and miscellaneous expenses also fall under the national average, with the lowest being utilities at 10% below. Overall, job seekers can find Versailles to be a more affordable place to live compared to the rest of the country.
The cost of living in Versailles, KY, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Versailles stand at 84, indicating that residents can expect to spend 16% less on housing compared to the national average. This lower housing index makes Versailles an attractive option for those seeking more affordable living arrangements without sacrificing quality.
In addition to housing, other living expenses in Versailles also show a positive trend. For instance, groceries cost 95, which is 5% less than the national average. Utilities are priced at 90, meaning residents pay 10% less for essential services. Transportation costs are slightly above average at 92, but still only 8% higher. Healthcare costs are at 89, offering a 11% savings. Miscellaneous expenses, which include items like entertainment and personal care, are at 87, providing a 13% reduction. Overall, Versailles offers a cost of living that is 15% below the national average, making it an appealing choice for budget-conscious individuals and families.