The cost of living index in Wilmore, KY, shows a generally lower cost compared to the nationwide average, which is 100. Wilmore's cost of living index for housing stands at 75, while groceries and utilities are slightly higher, at 90 and 95, respectively. This means housing costs 25% less, while groceries and utilities are 10% and 5% higher, respectively. Wilmore offers a mixed picture with transportation at 85, healthcare at 100, and miscellaneous costs at 88. Transportation and healthcare align closely with the national average, while miscellaneous costs are 8% higher. Overall, Wilmore presents a cost of living that is 12% lower than the national average.
The cost of living index in Wilmore, KY, offers insights for job seekers considering a move to this area. Housing costs, a significant factor, are 25% below the nationwide average of 100. This means residents in Wilmore can expect to spend significantly less on their homes compared to the national average. A 25% reduction can greatly enhance affordability, allowing more disposable income for other essentials.
Wilmore also shows some areas where costs are slightly higher or on par with the national average. Groceries, for example, have an index of 90, which is 10% below average, offering some savings on food expenses. Utilities come in at 95, just 5% below the national average, providing a slight advantage in monthly bills. Transportation costs are at 85, which is 15% below average, making it cheaper to commute. Healthcare costs match the national average of 100, indicating no extra expense in this area. Miscellaneous costs are at 88, which is 12% below the average, suggesting overall affordability in various other expenses. Wilmore presents a balanced cost of living with notable savings in housing and transportation.