Melbourne 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.
IndexMelbourneKentuckyNational
Cost of living index9088100
IndexMelbourneKentuckyNational
Goods & Services index9195100
Groceries index9696100
Health care index10495100
Housing index8170100
Transportation index9497100
Utilities index9492100

Did you know?

  • The cost of living in Melbourne is 2% higher than the Kentucky average.
  • The cost of living in Melbourne is 10% lower than the national average.
  • The cost of housing in Melbourne is 19% 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.

Find Real Estate Listings In Melbourne

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Melbourne

Compare Melbourne, KY Cost of living To Other Cities

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

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,750$4,896$1,371$1,763
Renters$21,250$1,771$496$638

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

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

Goods & Services

ItemMelbourneNational avg.Difference
Haircut $10.50$14.5928.0%
Beauty Salon $33.40$34.683.7%
Toothpaste $3.41$2.4737.9%
Shampoo $0.84$1.0217.8%
Movie $10.17$9.873.1%
Bowling $4.13$4.396.0%

Groceries

ItemMelbourneNational avg.Difference
Ground Beef $4.50$4.480.5%
Fried Chicken $1.29$1.4611.9%
Milk $2.74$2.3616.3%
Potatoes $2.58$3.0615.7%
Pizza $8.99$9.242.7%
Beer $8.75$8.631.4%

Health Care

ItemMelbourneNational avg.Difference
Optometrist $108.00$99.788.2%
Doctor $96.40$105.038.2%
Dentist $103.33$88.7016.5%
Ibuprofen $8.29$9.4111.9%
Lipitor $306.62$298.502.7%

Housing

ItemMelbourneNational avg.Difference
Home Price $120,500.00$175,700.0031.4%
Avg. Mortgage Payment $761.82$1,081.0329.5%
Apartment Rent $1,000.00$920.008.7%

Transportation

ItemMelbourneNational avg.Difference
Gasoline $1.91$2.098.6%
Tire Balancing $45.29$45.290.0%

Utilities

ItemMelbourneNational avg.Difference
All Electricity$144.76$170.8015.2%
Phone $30.01$28.266.2%
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%
Elmwood Place, OH1,88780-20%
Felicity, OH87280-20%
Moscow, OH12580-20%
Lincoln Heights, OH3,34882-18%
Melbourne, KY37190-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cumberland, IA37177-23%
Kiana, AK37112222%
Daisytown, PA37188-12%
Askov, MN37185-15%
Mount Pleasant, AR37177-23%
Melbourne, KY37190-10%
Source: The Melbourne, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.