Bellevue 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.
IndexBellevueKentuckyNational
Cost of living index8788100
IndexBellevueKentuckyNational
Goods & Services index9395100
Groceries index9396100
Health care index9595100
Housing index6870100
Transportation index9697100
Utilities index10692100
An overview of the general cost of living index for Bellevue, KY is displayed above for your reference. Residents in Bellevue, KY enjoy a cost of living index of 87. This index is 1% lower than the Kentucky average, and 13% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Bellevue, KY, the average cost of goods and services is 2% lower than it is in Kentucky, and it is 7% lower than the national average.

Did you know?

  • The cost of living in Bellevue is 1% lower than the Kentucky average.
  • The cost of living in Bellevue is 13% lower than the national average.
  • The cost of housing in Bellevue is 32% 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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Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Bellevue, KY to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Bellevue, KY, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Bellevue, KY salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,386$5,199$1,456$1,872
Renters$40,595$3,383$947$1,218
The affordability of the housing market in Bellevue, KY as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Bellevue, KY homeowners, the median income is $62,386. This indicates that a monthly maximum of $1,456 should be spent by homeowners on all housing related costs. Renters have a median income of $40,595. This indicates that renters should have a maximum of $947 used for their rent related monthly costs.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
Kentucky2%6%
One thing to keep in mind when considering the cost of living in Bellevue, KY is the Kentucky sales tax and Kentucky income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Kentucky sales tax rate is 6% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Kentucky income tax rates range from 2% to 6%.

Goods & Services

ItemBellevueNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $32.61$34.686.0%
Toothpaste $2.54$2.472.7%
Shampoo $0.88$1.0213.9%
Movie $9.72$9.871.5%
Bowling $4.08$4.397.1%

Groceries

ItemBellevueNational avg.Difference
Ground Beef $4.21$4.486.0%
Fried Chicken $1.08$1.4626.2%
Milk $1.63$2.3630.8%
Potatoes $3.00$3.062.0%
Pizza $8.19$9.2411.4%
Beer $8.22$8.634.8%

Health Care

ItemBellevueNational avg.Difference
Optometrist $90.90$99.788.9%
Doctor $92.83$105.0311.6%
Dentist $83.38$88.706.0%
Ibuprofen $8.10$9.4113.9%
Lipitor $317.61$298.506.4%

Housing

ItemBellevueNational avg.Difference
Home Price $112,400.00$175,700.0036.0%
Avg. Mortgage Payment $812.88$1,081.0324.8%
Apartment Rent $697.00$920.0024.2%

Transportation

ItemBellevueNational avg.Difference
Gasoline $2.03$2.093.1%
Tire Balancing $42.99$45.295.1%

Utilities

ItemBellevueNational avg.Difference
All Electricity$202.79$170.8018.7%
Phone $24.99$28.2611.6%
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, StatePopulationCost of Living IndexNational Avg.
Plainville, OH1196-4%
Brecon, OH25669-31%
New Baltimore, OH52378-22%
Elmwood Place, OH1,88780-20%
New Haven, OH81378-22%
Bellevue, KY5,93387-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Posen, IL5,93498-2%
Central City, KY5,93279-21%
Wilmington city, IL5,93498-2%
Crafton, PA5,93192-8%
Marion, VA5,93187-13%
Bellevue, KY5,93387-13%
Source: The Bellevue, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.