Harrodsburg 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 index8589100
Goods & Services index101100100
Groceries index9291100
Health care index8190100
Housing index5870100
Transportation index9699100
Utilities index9598100
An overview of the general cost of living index for Harrodsburg, KY is displayed above for your reference. Residents in Harrodsburg, KY enjoy a cost of living index of 85. This index is 5% lower than the Kentucky average, and 15% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Harrodsburg, KY, the average cost of goods and services is 1% higher than it is in Kentucky, and it is 1% higher than the national average.
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Did you know?

  • The cost of living in Harrodsburg is 5% lower than the Kentucky average.
  • The cost of living in Harrodsburg is 15% lower than the national average.
  • The cost of housing in Harrodsburg is 42% 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.

Compare Harrodsburg, KY Cost of living To Other Cities

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Health care index
Housing index
Transportation index
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Use the salary calculator to compare your current income in Harrodsburg, KY to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Harrodsburg, KY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Harrodsburg, KY salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Harrodsburg, 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 Harrodsburg, KY homeowners, the median income is $49,963. This indicates that a monthly maximum of $1,166 should be spent by homeowners on all housing related costs. Renters have a median income of $22,388. This indicates that renters should have a maximum of $522 used for their rent related monthly costs.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Harrodsburg, KY, it's important to take into account the sales tax for Kentucky, as well as the rate for income tax in Kentucky. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Kentucky is 6%, and the sales tax in the state of Kentucky is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Kentucky starts from 2% and goes up to 6%.

Goods & Services

ItemHarrodsburgNational avg.Difference
Haircut $16.20$17.497.4%
Beauty Salon $41.20$38.177.9%
Toothpaste $1.77$2.3223.7%
Shampoo $0.91$1.0110.1%
Movie $10.04$10.726.4%
Bowling $15.00$13.868.2%


ItemHarrodsburgNational avg.Difference
Ground Beef $3.71$3.904.9%
Fried Chicken $1.07$1.4023.3%
Milk $1.78$1.969.3%
Potatoes $3.35$3.185.2%
Pizza $10.59$10.391.9%
Beer $8.89$9.233.7%

Health Care

ItemHarrodsburgNational avg.Difference
Optometrist $74.80$106.3429.7%
Doctor $83.92$115.2527.2%
Dentist $74.40$98.3824.4%
Ibuprofen $8.07$9.2612.9%
Lipitor $483.45$466.473.6%


ItemHarrodsburgNational avg.Difference
Home Price $104,800.00$184,700.0043.3%
Avg. Mortgage Payment $1,097.63$1,273.3213.8%
Apartment Rent $566.00$949.0040.4%


ItemHarrodsburgNational avg.Difference
Gasoline $2.61$2.590.7%
Tire Balancing $45.15$48.907.7%


ItemHarrodsburgNational avg.Difference
All Electricity$151.88$167.609.4%
Phone $182.48$163.4211.7%
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.
Mackville, KY24882-18%
Salvisa, KY48183-17%
Willisburg, KY31283-17%
Junction City, KY2,34983-17%
Perryville, KY1,12084-16%
Harrodsburg, KY8,40985-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Braselton, GA8,40911515%
Clinton, SC8,40986-14%
Delavan, WI8,41091-9%
Celebration, FL8,41012828%
Fallon, NV8,41098-2%
Harrodsburg, KY8,40985-15%
Source: The Harrodsburg, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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