The cost of living index in Wilmore, KY, presents a cost of living that is slightly below the nationwide average. The overall index stands at 89, translating to 89% of the national average of 100. Housing costs in Wilmore are 85%, while groceries are at 90%. Utilities and healthcare slightly exceed the national average, at 95% and 92% respectively. Transportation costs are 87%, and miscellaneous expenses stand at 88%. This makes Wilmore a cost-effective place to live compared to the national average.
The cost of living in Wilmore, KY, compared to the nationwide average, shows variations across different categories. Housing costs in Wilmore are at 85, which is 15% lower than the nationwide average of 100. This means that, on average, individuals can expect to pay 15% less for housing in Wilmore than in other parts of the country. Groceries in Wilmore are priced at 90, just 10% below the national average, indicating that the cost for food is nearly on par with the rest of the United States.
Utilities in Wilmore are slightly higher, with an index of 95, representing a 5% increase over the national average. This slight rise suggests that while residents may spend a bit more on utilities, the difference is relatively minor. Transportation costs in Wilmore stand at 87, which means they are 13% lower than the national average. Healthcare costs are slightly above average at 92, reflecting a modest 2% increase. Miscellaneous expenses in Wilmore are also slightly lower at 88, which is 12% less than the national average. Overall, Wilmore offers a cost of living that is close to the national average, with only minor variations in specific categories.