Louisville cost of living is 88.4
| COST OF LIVING | Louisville | Kentucky |
|---|---|---|
| Grocery | 97 | 94.2 |
| Health | 86 | 93.9 |
| Housing | 69.6 | 63.3 |
| Median Home Cost | $206,900 | $165,900 |
Is Louisville expensive to live in?
Louisville’s housing expenses are 20% lower than the national average and the utility prices are 6% lower than the national average. Transportation expenses like bus fares and gas prices are 3% higher than the national average. Louisville has grocery prices that are 11% lower than the national average.
How much do you need to make to live in Louisville?
In Louisville, the same family structure — two kids and two adults — would need at least $60,700 in order to live a “secure, yet modest living,” according to the report. The study takes into account costs associated with housing, food, child care, transportation, health care, taxes and other necessities.
What is a good salary in Louisville Ky?
Full Time Salary in Louisville, KY
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $57,217 | $4,768 |
| 75th Percentile | $31,682 | $2,640 |
| Average | $49,483 | $4,123 |
| 25th Percentile | $23,643 | $1,970 |
Is Louisville KY a cheap place to live?
Kentucky
Across the board, Kentucky’s living costs are lower than the U.S. average. In several areas of the Bluegrass state, like certain parts of Louisville for instance, you can find areas where there are fairly priced groceries and utilities.
Is Louisville KY a safe place to live?
How safe is Louisville, KY? The metropolitan area’s violent crime rate was higher than the national rate in 2020. Its rate of property crime was higher than the national rate.
How much is a gallon of milk in Louisville Ky?
Cost of Living in Louisville
| Restaurants | Edit |
|---|---|
| Coke/Pepsi (12 oz small bottle) | 1.90$ |
| Water (12 oz small bottle) | 1.78$ |
| Markets | Edit |
| Milk (regular), (1 gallon) | 2.51$ |
What is minimum wage Kentucky?
ASHLAND, Ky. (WSAZ) – State lawmakers in Kentucky are considering a bill that would gradually raise the state’s minimum wage to $15 per hour by July 2026. “Nobody in 2022 can live off $7.25 an hour in this country,” said Sen.
How cold does Louisville Kentucky get?
Over the course of the year, the temperature typically varies from 28°F to 88°F and is rarely below 12°F or above 94°F.
What is the average wage in Kentucky?
Among the 117 smaller counties in Kentucky—those with employment below 75,000—Hancock ($1,332) reported an average weekly wage above the national average of $1,289.
| Area | Employment March 2021 | Average weekly wage(1) |
|---|---|---|
| United States(2) | 140,455,819 | $1,289 |
| Kentucky | 1,835,209 | 965 |
| Adair | 4,360 | 650 |
| Allen | 4,543 | 712 |
What is the average pay in the US?
According to the May 2020 National Occupational Employment and Wages Estimates by the BLS, the average salary in the United States is $56,310, with a median wage of $20.17 an hour. As of 2021, it’s estimated that women in the U.S. earn around 82 cents for every dollar that a man earns.
Is it cheaper to live in Tennessee or Kentucky?
Cost of Living
Living expenses in Kentucky are lower than the national average. The most significant contributor to these low living costs is housing, which has 63 points compared to the national average of 100points. These figures also mean it’s the more cost-effective option between it and Tennessee.
What are the pros and cons of living in Kentucky?
Pros And Cons Of Living In Kentucky
- Low cost of living.
- Good tax breaks for some.
- Tasty regional foods and drinks.
- Abundant outdoor adventures.
- Variety provided by 4 season weather.
- Risks of extreme weather.
- High income and sales taxes.
- Lower quality K-12 education.
What is the cheapest state to live in?
Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
What is the racial makeup of Louisville Ky?
Louisville Demographics
White: 69.92% Black or African American: 23.60% Asian: 2.67% Two or more races: 2.56%
How much snow is in Louisville Ky?
Climate Averages
| Louisville-Jefferson County, Kentucky | United States | |
|---|---|---|
| Snowfall | 8.7 in. | 27.8 in. |
| Precipitation | 115.3 days | 106.2 days |
| Sunny | 195 days | 205 days |
| Avg. July High | 87.6° | 85.8° |
Where is the cheapest place to live in Kentucky?
The 10 Cheapest Places to Live in Kentucky
- Princeton. According to Home Snacks, the cheapest place to live in Kentucky is Princeton, which is a small city in western Kentucky that is home to 6,116 people.
- Flatwoods.
- Bardstown.
- Dayton.
- Russellville.
- Hazard.
- Harrodsburg.
- Bellevue.
How much do groceries cost in Kentucky?
Kentucky Food Costs
Data from the U.S. Department of Agriculture shows that the cost of food varies from state to state. In Kentucky, a single adult spends an average of $2,932 on food annually, and a family of four spends $8,467 on average.
How much are utilities per month in Kentucky?
Average Utility Costs in Kentucky: $401 per month
Utility expenses will take a bite out of your monthly budget.
How much is the average water bill in Kentucky?
Utility costs vary greatly by state. The most expensive utility bills can be found in Alaska, with an average cost of $496 per month. New Mexico has the lowest average cost of $232 per month.
Water Prices by State 2022.
| State | Kentucky |
|---|---|
| Avg. Total Utilities | $340 |
| Electric | $117 |
| Internet | $35 |
| Nat. Gas | $94 |
Is Kentucky a good place to live?
Is Kentucky a Good Place to Live? Kentucky is an excellent place to live if you’re looking for affordable home prices, a low cost of living, delicious bourbon, top-tier national and state parks, southern friendliness, and did we mention good bourbon!
