Williamsburg 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.
Cost of living index7687100
Goods & Services index8797100
Groceries index8689100
Health care index9089100
Housing index5070100
Transportation index8297100
Utilities index8894100
Displayed above is a general overview of the Williamsburg, KY cost of living index. The overall cost of living index in Williamsburg, KY is 76, which is 13% lower than the Kentucky average and 24% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Williamsburg, KY are 10% lower than the Kentucky average and 13% lower than the national average.

Did you know?

  • The cost of living in Williamsburg is 13% lower than the Kentucky average.
  • The cost of living in Williamsburg is 24% lower than the national average.
  • The cost of housing in Williamsburg is 50% 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 Williamsburg, 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
The salary calculator allows you to compare how much your current salary in Williamsburg, KY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Williamsburg, KY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Williamsburg, KY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Williamsburg, KY, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Williamsburg, KY, the median monthly income is $48,207 for those who own their own homes. Under the standard rule, that income level would allow for $1,125 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $22,065, per the median income in the area. That would allow for renters to spend up to $515 on monthly rental expenses.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Williamsburg, KY and want to know what the true cost of living is, they ought to look at both the Kentucky income tax rate and the Kentucky sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Kentucky, the sales tax is 6%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Kentucky, the income tax rate ranges between 2% to 6%.

Goods & Services

ItemWilliamsburgNational avg.Difference
Haircut $13.60$15.5612.6%
Beauty Salon $34.47$36.114.5%
Toothpaste $1.60$2.4735.4%
Shampoo $0.80$0.9617.4%
Movie $9.31$10.138.1%
Bowling $4.24$4.7410.5%


ItemWilliamsburgNational avg.Difference
Ground Beef $3.03$3.9824.0%
Fried Chicken $0.99$1.4129.9%
Milk $1.77$2.0614.2%
Potatoes $2.67$2.9810.4%
Pizza $8.99$9.475.1%
Beer $8.57$8.792.6%

Health Care

ItemWilliamsburgNational avg.Difference
Optometrist $86.60$101.0414.3%
Doctor $89.40$107.4416.8%
Dentist $80.67$90.4210.8%
Ibuprofen $8.03$9.2813.4%
Lipitor $442.65$426.503.8%


ItemWilliamsburgNational avg.Difference
Home Price $80,700.00$175,700.0054.1%
Avg. Mortgage Payment $889.49$1,133.2321.5%
Apartment Rent $550.00$920.0040.2%


ItemWilliamsburgNational avg.Difference
Gasoline $1.80$1.999.8%
Tire Balancing $28.72$45.7637.2%


ItemWilliamsburgNational avg.Difference
All Electricity$142.53$163.8113.0%
Phone $25.23$28.3911.1%
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.
Jellico, TN2,44471-29%
Rockholds, KY84873-27%
Emlyn, KY24873-27%
Pleasant View, KY29973-27%
Corbin, KY7,05178-22%
Williamsburg, KY5,26076-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Avondale, LA5,26289-11%
Collegeville, PA5,26312828%
Cheshire Village, CT5,26413131%
Bangor, PA5,2561044%
San Leon, TX5,25589-11%
Williamsburg, KY5,26076-24%
Source: The Williamsburg, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.