Kenwood Hill, Kentucky Cost Of Living

Buy Rent

B

Overall 10%

Goods & Services 6%

Housing 39%

Date & Last Updated: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Kenwood Hill	Louisville	Kentucky
Cost of living	90	95	91
Goods & Services	106	106	103
Groceries	94	94	92
Health care	87	87	81
Housing	61	78	70
Transportation	111	111	103
Utilities	103	103	105

Key findings

The cost of living in Kenwood Hill is equal to the Louisville average
The cost of living in Kenwood Hill is 10% lower than the national average
Kenwood Hill housing is 39% lower than the national average
Kentucky general sales tax is 18% higher than the national average
Kentucky state income tax is 103% higher 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)
Household	$32,161	$2,680	$750	$965

Kentucky Sales Tax

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

Kentucky Income Tax

State	Income Tax (Low)	Income Tax (High)
Kentucky	5%	5%

Goods & Services

Item	Louisville	National avg.	Difference
Haircut	$17.10	$20.27	15.7%
Beauty Salon	$81.11	$40.39	100.8%
Toothpaste	$2.53	$2.36	7.2%
Shampoo	$0.91	$1.08	15.8%
Movie	$12.02	$10.99	9.4%
Bowling	$18.78	$15.49	21.2%

Groceries

Item	Louisville	National avg.	Difference
Ground Beef	$4.59	$4.30	6.8%
Fried Chicken	$1.15	$1.40	17.6%
Milk	$1.41	$2.20	36.1%
Potatoes	$3.20	$3.22	0.6%
Pizza	$10.66	$10.74	0.8%
Beer	$8.88	$9.60	7.5%

Health Care

Item	Louisville	National avg.	Difference
Optometrist	$66.11	$109.73	39.8%
Doctor	$91.67	$118.34	22.5%
Dentist	$87.78	$100.94	13.0%
Ibuprofen	$9.73	$9.93	2.1%
Lipitor	$499.47	$469.53	6.4%

Housing

Item	Louisville	National avg.	Difference
Home Price	$143,100.00	$184,700.00	22.5%
Avg. Mortgage Payment	$921.39	$1,229.62	25.1%
Apartment Rent	$748.00	$949.00	21.2%

Transportation

Item	Louisville	National avg.	Difference
Gasoline	$2.80	$2.71	3.4%
Tire Balancing	$63.77	$51.86	23.0%

Utilities

Item	Louisville	National avg.	Difference
All Electricity	$184.10	$170.84	7.8%
Phone	$183.02	$187.18	2.2%

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, State	Population	Cost of Living Index	National Avg.
South Park View, KY	2	103	3%
West Point, KY	930	86	-14%
Elizabeth, IN	199	89	-11%
Shively, KY	15,625	89	-11%
West Buechel, KY	1,175	89	-11%
Louisville, KY	611,573	95	-5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Las Vegas, NV	613,295	102	2%
Oklahoma City, OK	620,015	88	-12%
Portland, OR	620,589	124	24%
Baltimore, MD	621,000	99	-1%
Milwaukee, WI	598,672	88	-12%
Louisville, KY	611,573	95	-5%

Source: The Kenwood Hill, Louisville, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2021.

Kenwood Hill, Louisville, KY Cost of Living