Cost Of Living In Bedford, KY

Bedford cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Bedford	Kentucky	National
Cost of living index	81	87	100
Index	Bedford	Kentucky	National
Goods & Services index	96	97	100
Groceries index	85	89	100
Health care index	89	89	100
Housing index	53	70	100
Transportation index	98	97	100
Utilities index	90	94	100

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The cost of living in Bedford is 7% lower than the Kentucky average.
The cost of living in Bedford is 19% lower than the national average.
The cost of housing in Bedford is 47% lower than the national average.
Kentucky general sales tax is 18% higher than the national average.
Kentucky state income tax is 10% lower than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$42,647	$3,554	$995	$1,280
Renters	$17,841	$1,487	$416	$535

Kentucky Sales Tax

State	General Sales Tax	With Max Surtax
Kentucky	6%	6%

Kentucky Income Tax

State	Income Tax (Low)	Income Tax (High)
Kentucky	2%	6%

Goods & Services

Item	Bedford	National avg.	Difference
Haircut	$13.10	$15.56	15.8%
Beauty Salon	$36.00	$36.11	0.3%
Toothpaste	$2.20	$2.47	10.9%
Shampoo	$0.93	$0.96	3.6%
Movie	$9.25	$10.13	8.7%
Bowling	$4.13	$4.74	12.7%

Groceries

Item	Bedford	National avg.	Difference
Ground Beef	$4.12	$3.98	3.5%
Fried Chicken	$1.31	$1.41	6.9%
Milk	$2.20	$2.06	6.4%
Potatoes	$2.76	$2.98	7.4%
Pizza	$10.00	$9.47	5.6%
Beer	$8.74	$8.79	0.6%

Health Care

Item	Bedford	National avg.	Difference
Optometrist	$84.23	$101.04	16.6%
Doctor	$90.58	$107.44	15.7%
Dentist	$89.57	$90.42	0.9%
Ibuprofen	$8.72	$9.28	6.0%
Lipitor	$327.64	$426.50	23.2%

Housing

Item	Bedford	National avg.	Difference
Home Price	$76,700.00	$175,700.00	56.3%
Avg. Mortgage Payment	$846.28	$1,133.23	25.3%
Apartment Rent	$676.00	$920.00	26.5%

Transportation

Item	Bedford	National avg.	Difference
Gasoline	$1.94	$1.99	2.7%
Tire Balancing	$45.87	$45.76	0.2%

Utilities

Item	Bedford	National avg.	Difference
All Electricity	$128.25	$163.81	21.7%
Phone	$30.22	$28.39	6.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Brooksburg, IN	66	73	-27%
Prestonville, KY	101	78	-22%
Worthville, KY	216	79	-21%
Milton, KY	660	80	-20%
Hanover, IN	3,682	82	-18%
Bedford, KY	687	81	-19%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Green Mountain Falls, CO	687	97	-3%
Strathmoor Village, KY	687	104	4%
Knoxville, AR	687	79	-21%
Ackermanville, PA	687	111	11%
Calumet, OK	687	79	-21%
Bedford, KY	687	81	-19%

Source: The Bedford, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Bedford, KY Cost of Living