Raceland 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.
IndexRacelandKentuckyNational
Cost of living index8288100
IndexRacelandKentuckyNational
Goods & Services index9695100
Groceries index9096100
Health care index9795100
Housing index5670100
Transportation index8397100
Utilities index9692100

Did you know?

  • The cost of living in Raceland is 6% lower than the Kentucky average.
  • The cost of living in Raceland is 18% lower than the national average.
  • The cost of housing in Raceland is 44% 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 Raceland, KY Cost of living To Other Cities

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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$56,500$4,708$1,318$1,695
Renters$13,800$1,150$322$414

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

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

Goods & Services

ItemRacelandNational avg.Difference
Haircut $11.20$14.5923.3%
Beauty Salon $33.20$34.684.3%
Toothpaste $1.78$2.4728.0%
Shampoo $0.91$1.0211.0%
Movie $9.31$9.875.7%
Bowling $4.25$4.393.2%

Groceries

ItemRacelandNational avg.Difference
Ground Beef $4.73$4.485.7%
Fried Chicken $1.17$1.4620.1%
Milk $1.88$2.3620.2%
Potatoes $2.37$3.0622.6%
Pizza $9.99$9.248.1%
Beer $7.99$8.637.4%

Health Care

ItemRacelandNational avg.Difference
Optometrist $59.90$99.7840.0%
Doctor $111.67$105.036.3%
Dentist $94.00$88.706.0%
Ibuprofen $7.49$9.4120.4%
Lipitor $267.15$298.5010.5%

Housing

ItemRacelandNational avg.Difference
Home Price $97,600.00$175,700.0044.5%
Avg. Mortgage Payment $836.00$1,081.0322.7%
Apartment Rent $540.00$920.0041.3%

Transportation

ItemRacelandNational avg.Difference
Gasoline $1.75$2.0916.6%
Tire Balancing $36.75$45.2918.8%

Utilities

ItemRacelandNational avg.Difference
All Electricity$161.00$170.805.7%
Phone $27.99$28.260.9%
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.
Catlettsburg, KY1,87579-21%
New Boston, OH2,25577-23%
South Shore, KY1,33778-22%
Kenova, WV3,15180-20%
Wurtland, KY89479-21%
Raceland, KY2,60782-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hazen, ND2,60788-12%
Silver Creek, NY2,60780-20%
Elma Center, NY2,60699-1%
Alden, NY2,60687-13%
New Llano, LA2,60691-9%
Raceland, KY2,60782-18%
Source: The Raceland, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.