Fort Mitchell 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.
IndexFort MitchellKentuckyNational
Cost of living index10389100
IndexFort MitchellKentuckyNational
Goods & Services index102100100
Groceries index9791100
Health care index10390100
Housing index11070100
Transportation index11199100
Utilities index8798100
A general summary of the cost of living index in Fort Mitchell, KY is shown above. Compared to the state average of Kentucky the cost of living index in Fort Mitchell, KY is 103, which is 16% 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 Fort Mitchell, KY goods and services come in at 2% higher than the average in Kentucky and are 2% higher than compared to the nationwide average.
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Did you know?

  • The cost of living in Fort Mitchell is 16% higher than the Kentucky average.
  • The cost of living in Fort Mitchell is 3% higher than the national average.
  • The cost of housing in Fort Mitchell is 10% 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.

Compare Fort Mitchell, KY Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Fort Mitchell, 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 Fort Mitchell, KY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Fort Mitchell, 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)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Fort Mitchell, KY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Fort Mitchell, KY homeowners have a median income of $101,471. Using that number, you will come up with a maximum of $2,367 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $42,270, which means there is a maximum of $986 to be spent on the costs of renting a home or apartment.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Fort Mitchell, KY, the Kentucky income tax and the Kentucky sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Kentucky maximum surtax is 6%, and the Kentucky sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2% to 6% in Kentucky.

Goods & Services

ItemFort MitchellNational avg.Difference
Haircut $16.73$17.494.3%
Beauty Salon $32.80$38.1714.1%
Toothpaste $1.96$2.3215.6%
Shampoo $0.90$1.0111.1%
Movie $12.92$10.7220.5%
Bowling $14.20$13.862.4%


ItemFort MitchellNational avg.Difference
Ground Beef $3.41$3.9012.6%
Fried Chicken $1.16$1.4016.9%
Milk $1.09$1.9644.5%
Potatoes $3.86$3.1821.3%
Pizza $9.99$10.393.9%
Beer $8.31$9.2310.0%

Health Care

ItemFort MitchellNational avg.Difference
Optometrist $92.30$106.3413.2%
Doctor $118.82$115.253.1%
Dentist $107.00$98.388.8%
Ibuprofen $8.03$9.2613.3%
Lipitor $491.32$466.475.3%


ItemFort MitchellNational avg.Difference
Home Price $229,600.00$184,700.0024.3%
Avg. Mortgage Payment $987.35$1,273.3222.5%
Apartment Rent $719.00$949.0024.2%


ItemFort MitchellNational avg.Difference
Gasoline $2.93$2.5913.0%
Tire Balancing $54.59$48.9011.6%


ItemFort MitchellNational avg.Difference
All Electricity$133.62$167.6020.3%
Phone $176.25$163.427.9%
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.
Plainville, OH261000%
Shawnee village, OH54182-18%
Dillonvale village, OH64582-18%
Elmwood Place, OH1,83183-17%
West Harrison, IN35684-16%
Fort Mitchell, KY8,2451033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
St. Martin, MS8,24588-12%
Pineville, NC8,24499-1%
Fort Dix, NJ8,24613838%
Arab, AL8,24793-7%
Ripley, TN8,24982-18%
Fort Mitchell, KY8,2451033%
Source: The Fort Mitchell, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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