Union 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.
IndexUnionKentuckyNational
Cost of living index10388100
IndexUnionKentuckyNational
Goods & Services index9195100
Groceries index9696100
Health care index10495100
Housing index12570100
Transportation index9497100
Utilities index9492100
A general summary of the cost of living index in Union, KY is shown above. Compared to the state average of Kentucky the cost of living index in Union, KY is 103, which is 17% higher than the average in Kentucky and compared to the national average it is 3% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Union, KY goods and services come in at 5% lower than the average in Kentucky and are 9% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Union is 17% higher than the Kentucky average.
  • The cost of living in Union is 3% higher than the national average.
  • The cost of housing in Union is 25% 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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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 used in order to provide a comparison of your current salary in Union, KY to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Union, KY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Union, KY salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$104,841$8,737$2,446$3,146
Renters$72,647$6,054$1,695$2,180
The affordability of the housing market in Union, KY as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Union, KY homeowners, the median income is $104,841. This indicates that a monthly maximum of $2,446 should be spent by homeowners on all housing related costs. Renters have a median income of $72,647. This indicates that renters should have a maximum of $1,695 used for their rent related monthly costs.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
Kentucky2%6%
The Kentucky sales tax and Kentucky income tax rates should definitely be considered when determining the overall cost of living in Union, KY. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Kentucky sales tax is 6% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Kentucky income tax rates range from 2% to 6%.

Goods & Services

ItemUnionNational 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

ItemUnionNational 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

ItemUnionNational 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

ItemUnionNational avg.Difference
Home Price $236,000.00$175,700.0034.3%
Avg. Mortgage Payment $761.82$1,081.0329.5%
Apartment Rent $960.00$920.004.3%

Transportation

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

Utilities

ItemUnionNational 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.
Elizabethtown, OH30275-25%
Florence, IN12976-24%
Fairview city, KY16680-20%
Addyston, OH97082-18%
Cheviot, OH8,33084-16%
Union, KY5,5691033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Luling, TX5,56980-20%
Gulf Park Estates, MS5,57196-4%
Pevely, MO5,56690-10%
Country Homes, WA5,56697-3%
Junction City, OR5,5661077%
Union, KY5,5691033%
Source: The Union, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.