Ludlow 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.
Cost of living index8788100
Goods & Services index9395100
Groceries index9396100
Health care index9595100
Housing index6770100
Transportation index9697100
Utilities index10692100
The above illustration supplies generalized information for the Ludlow, KY cost of living index. Compared to other cities in Kentucky and cities across the country, the cost of living index in Ludlow, KY is 87, which is 1% lower than the Kentucky average and 13% 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 Ludlow, KY are 2% lower than the average for Kentucky and 7% lower than the rest of the country.

Did you know?

  • The cost of living in Ludlow is 1% lower than the Kentucky average.
  • The cost of living in Ludlow is 13% lower than the national average.
  • The cost of housing in Ludlow is 33% 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
Price difference in compared to
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 Ludlow, 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 Ludlow, KY, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Ludlow, 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)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Ludlow, KY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Ludlow, KY homeowners have a median income of $49,442. Using that number, you will come up with a maximum of $1,154 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,971, which means there is a maximum of $583 to be spent on the costs of renting a home or apartment.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Ludlow, KY and want to know what the true cost of living is, they ought to look at both the Kentucky income tax rate and the Kentucky sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Kentucky, the sales tax is 6%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Kentucky, the income tax rate ranges between 2% to 6%.

Goods & Services

ItemLudlowNational 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%


ItemLudlowNational 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

ItemLudlowNational 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%


ItemLudlowNational avg.Difference
Home Price $109,300.00$175,700.0037.8%
Avg. Mortgage Payment $812.88$1,081.0324.8%
Apartment Rent $713.00$920.0022.5%


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


ItemLudlowNational 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%
Elizabethtown, OH30275-25%
New Baltimore, OH52378-22%
Elmwood Place, OH1,88780-20%
Ludlow, KY4,53387-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mount Vernon, IA4,53296-4%
South Sarasota, FL4,53111212%
Newport, VT4,5351011%
McSwain, CA4,53112727%
Armonk, NY4,535219119%
Ludlow, KY4,53387-13%
Source: The Ludlow, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.