Spring Mill, KY Cost Of Living

Spring Mill 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.
Index	Spring Mill	Kentucky	National
Cost of living index	99	89	100
Index	Spring Mill	Kentucky	National
Goods & Services index	100	100	100
Groceries index	89	90	100
Health care index	93	93	100
Housing index	104	70	100
Transportation index	103	99	100
Utilities index	94	96	100

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The cost of living in Spring Mill is 12% higher than the Kentucky average.
The cost of living in Spring Mill is 1% lower than the national average.
The cost of housing in Spring Mill is 4% higher 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$82,500	$6,875	$1,925	$2,475
Renters	$0	$0	$0	$0

Kentucky Sales Tax

State	General Sales Tax	With Max Surtax
Kentucky	6%	6%

Kentucky Income Tax

State	Income Tax (Low)	Income Tax (High)
Kentucky	2%	6%

Goods & Services

Item	Spring Mill	National avg.	Difference
Haircut	$16.13	$16.09	0.3%
Beauty Salon	$38.33	$37.33	2.7%
Toothpaste	$2.83	$2.45	15.6%
Shampoo	$1.01	$1.00	0.9%
Movie	$9.25	$10.28	10.0%
Bowling	$4.31	$4.93	12.6%

Groceries

Item	Spring Mill	National avg.	Difference
Ground Beef	$3.91	$3.80	2.8%
Fried Chicken	$1.23	$1.40	11.9%
Milk	$2.23	$2.01	11.1%
Potatoes	$2.93	$3.01	2.7%
Pizza	$10.00	$9.89	1.2%
Beer	$8.88	$8.90	0.2%

Health Care

Item	Spring Mill	National avg.	Difference
Optometrist	$87.93	$102.16	13.9%
Doctor	$96.30	$108.36	11.1%
Dentist	$92.97	$92.53	0.5%
Ibuprofen	$8.88	$9.28	4.3%
Lipitor	$371.95	$425.82	12.7%

Housing

Item	Spring Mill	National avg.	Difference
Home Price	$192,200.00	$184,700.00	4.1%
Avg. Mortgage Payment	$935.94	$1,202.44	22.2%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Spring Mill	National avg.	Difference
Gasoline	$2.34	$2.24	4.4%
Tire Balancing	$46.93	$46.29	1.4%

Utilities

Item	Spring Mill	National avg.	Difference
All Electricity	$134.04	$165.96	19.2%
Phone	$31.78	$28.68	10.8%

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, State	Population	Cost of Living Index	National Avg.
South Park View, KY	2	97	-3%
Fairfield, KY	167	82	-18%
Shively, KY	15,625	85	-15%
West Buechel, KY	1,175	85	-15%
Watterson Park, KY	1,343	86	-14%
Spring Mill, KY	287	99	-1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Lebanon, OK	287	76	-24%
Lula, MS	287	71	-29%
Norwood, LA	287	84	-16%
Gerton, NC	287	85	-15%
Yale, IA	287	80	-20%
Spring Mill, KY	287	99	-1%

Source: The Spring Mill, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Spring Mill, KY Cost of Living