Elkhorn City 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.
IndexElkhorn CityKentuckyNational
Cost of living index8088100
IndexElkhorn CityKentuckyNational
Goods & Services index10095100
Groceries index9196100
Health care index8995100
Housing index4270100
Transportation index9497100
Utilities index9892100

Did you know?

  • The cost of living in Elkhorn City is 8% lower than the Kentucky average.
  • The cost of living in Elkhorn City is 20% lower than the national average.
  • The cost of housing in Elkhorn City is 58% 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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Compare Elkhorn City, KY Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$33,409$2,784$779$1,002
Renters$17,500$1,458$408$525

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
Kentucky2%6%

Goods & Services

ItemElkhorn CityNational avg.Difference
Haircut $11.00$14.5924.6%
Beauty Salon $32.33$34.686.8%
Toothpaste $2.18$2.4711.9%
Shampoo $0.98$1.024.1%
Movie $10.50$9.876.4%
Bowling $3.85$4.3912.3%

Groceries

ItemElkhorn CityNational avg.Difference
Ground Beef $4.67$4.484.3%
Fried Chicken $1.15$1.4621.5%
Milk $2.46$2.364.4%
Potatoes $3.31$3.068.1%
Pizza $11.49$9.2424.3%
Beer $8.58$8.630.6%

Health Care

ItemElkhorn CityNational avg.Difference
Optometrist $101.67$99.781.9%
Doctor $89.33$105.0315.0%
Dentist $85.33$88.703.8%
Ibuprofen $7.97$9.4115.3%
Lipitor $246.50$298.5017.4%

Housing

ItemElkhorn CityNational avg.Difference
Home Price $67,400.00$175,700.0061.6%
Avg. Mortgage Payment $818.14$1,081.0324.3%
Apartment Rent $470.00$920.0048.9%

Transportation

ItemElkhorn CityNational avg.Difference
Gasoline $2.04$2.092.6%
Tire Balancing $39.00$45.2913.9%

Utilities

ItemElkhorn CityNational avg.Difference
All Electricity$153.53$170.8010.1%
Phone $30.65$28.268.5%
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, StatePopulationCost of Living IndexNational Avg.
Virgie, KY26473-27%
Clinchco, VA36580-20%
Phelps, KY1,17981-19%
Pound, VA98183-17%
Haysi, VA40884-16%
Elkhorn City, KY85580-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
West Cape May, NJ85513838%
Delton, MI85584-16%
Schoharie, NY8551044%
Chamberino, NM85581-19%
Secretary, MD8551011%
Elkhorn City, KY85580-20%
Source: The Elkhorn City, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.