Hillview 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.
IndexHillviewKentuckyNational
Cost of living index9188100
IndexHillviewKentuckyNational
Goods & Services index10295100
Groceries index9696100
Health care index9095100
Housing index7370100
Transportation index10597100
Utilities index8892100
The above illustration supplies generalized information for the Hillview, KY cost of living index. Compared to other cities in Kentucky and cities across the country, the cost of living index in Hillview, KY is 91, which is 4% higher than the Kentucky average and 9% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Hillview, KY are 7% higher than the average for Kentucky and 2% higher than the rest of the country.

Did you know?

  • The cost of living in Hillview is 4% higher than the Kentucky average.
  • The cost of living in Hillview is 9% lower than the national average.
  • The cost of housing in Hillview is 27% 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 Hillview, KY Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Hillview, KY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Hillview, KY, then you would need to earn more income in order to maintain the same standard of living. To use the Hillview, KY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$47,132$3,928$1,100$1,414
Renters$46,113$3,843$1,076$1,384
The affordability of the housing market in Hillview, 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 Hillview, KY homeowners, the median income is $47,132. This indicates that a monthly maximum of $1,100 should be spent by homeowners on all housing related costs. Renters have a median income of $46,113. This indicates that renters should have a maximum of $1,076 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 Hillview, 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

ItemHillviewNational avg.Difference
Haircut $12.80$14.5912.3%
Beauty Salon $35.33$34.681.9%
Toothpaste $2.31$2.476.6%
Shampoo $0.93$1.029.0%
Movie $9.25$9.876.3%
Bowling $4.25$4.393.2%

Groceries

ItemHillviewNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $1.28$1.4612.6%
Milk $2.01$2.3614.7%
Potatoes $3.01$3.061.7%
Pizza $10.00$9.248.2%
Beer $8.85$8.632.5%

Health Care

ItemHillviewNational avg.Difference
Optometrist $82.50$99.7817.3%
Doctor $88.50$105.0315.7%
Dentist $88.40$88.700.3%
Ibuprofen $8.91$9.415.3%
Lipitor $246.60$298.5017.4%

Housing

ItemHillviewNational avg.Difference
Home Price $109,400.00$175,700.0037.7%
Avg. Mortgage Payment $835.10$1,081.0322.7%
Apartment Rent $901.00$920.002.1%

Transportation

ItemHillviewNational avg.Difference
Gasoline $2.21$2.095.9%
Tire Balancing $46.40$45.292.5%

Utilities

ItemHillviewNational avg.Difference
All Electricity$126.60$170.8025.9%
Phone $30.22$28.266.9%
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.
West Buechel, KY1,24585-15%
West Point, KY90186-14%
Shively, KY15,45087-13%
Brooks, KY2,96488-12%
Watterson Park, KY1,50088-12%
Hillview, KY7,78591-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kenton, OH7,78386-14%
Briarcliff Manor, NY7,78317878%
Hubbard, OH7,78779-21%
Nantucket, MA7,787203103%
Port Jefferson, NY7,78916161%
Hillview, KY7,78591-9%
Source: The Hillview, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.