Phelps 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.
IndexPhelpsKentuckyNational
Cost of living index10089100
IndexPhelpsKentuckyNational
Goods & Services index101100100
Groceries index8890100
Health care index11193100
Housing indexn/a70100
Transportation index8899100
Utilities index11896100

Did you know?

  • The cost of living in Phelps is 12% higher than the Kentucky average.
  • The cost of living in Phelps is equal to the national average.
  • The cost of housing in Phelps is equal to 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 Phelps, 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$27,527$2,294$642$826
Renters$0$0$0$0

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

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

Goods & Services

ItemPhelpsNational avg.Difference
Haircut $15.76$16.092.0%
Beauty Salon $33.44$37.3310.4%
Toothpaste $1.68$2.4531.6%
Shampoo $0.80$1.0019.8%
Movie $11.32$10.2810.2%
Bowling $4.46$4.939.6%

Groceries

ItemPhelpsNational avg.Difference
Ground Beef $3.57$3.806.2%
Fried Chicken $1.06$1.4024.2%
Milk $1.88$2.016.2%
Potatoes $2.54$3.0115.8%
Pizza $7.65$9.8922.6%
Beer $9.09$8.902.2%

Health Care

ItemPhelpsNational avg.Difference
Optometrist $102.22$102.160.1%
Doctor $120.31$108.3611.0%
Dentist $111.97$92.5321.0%
Ibuprofen $8.45$9.288.9%
Lipitor $447.40$425.825.1%

Housing

ItemPhelpsNational avg.Difference
Home Price $0.00$184,700.00100.0%
Avg. Mortgage Payment $717.00$1,202.4440.4%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemPhelpsNational avg.Difference
Gasoline $2.02$2.249.9%
Tire Balancing $39.18$46.2915.4%

Utilities

ItemPhelpsNational avg.Difference
All Electricity$143.64$165.9613.4%
Phone $44.61$28.6855.5%
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.
McCarr, KY1361000%
Sarah Ann, WV25276-24%
Red Jacket, WV55880-20%
Gilbert Creek, WV1,12881-19%
Elkhorn City, KY93980-20%
Phelps, KY7061000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Morrison, TN70682-18%
Delta, PA70699-1%
Lydia, LA70679-21%
Belvoir, NC70688-12%
Walnut, IA70683-17%
Phelps, KY7061000%
Source: The Phelps, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.