A
Overall 22%
Goods & Services 1%
Housing 69%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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.
IndexRussellLouisvilleKentucky
Cost of living789389
Goods & Services101101100
Groceries959591
Health care10210290
Housing317870
Transportation10210299
Utilities949498

Key findings

  • The cost of living in Russell is 12% lower than the Louisville average
  • The cost of living in Russell is 22% lower than the national average
  • Russell housing is 69% lower than the national average
  • Kentucky general sales tax is 18% higher than the national average
  • Kentucky state income tax is 125% higher than the national average

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Compare Louisville, KY Cost of Living

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Household$19,483$1,624$455$585

      Kentucky Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Kentucky6%6%

      Kentucky Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Kentucky5%5%

      Goods & Services

      ItemLouisvilleNational avg.Difference
      Haircut $15.16$17.4913.3%
      Beauty Salon $37.33$38.172.2%
      Toothpaste $1.89$2.3218.6%
      Shampoo $0.95$1.016.1%
      Movie $12.90$10.7220.3%
      Bowling $18.33$13.8632.2%

      Groceries

      ItemLouisvilleNational avg.Difference
      Ground Beef $3.66$3.906.2%
      Fried Chicken $1.12$1.4019.8%
      Milk $1.16$1.9640.9%
      Potatoes $3.74$3.1817.5%
      Pizza $10.00$10.393.8%
      Beer $9.16$9.230.8%

      Health Care

      ItemLouisvilleNational avg.Difference
      Optometrist $76.33$106.3428.2%
      Doctor $154.17$115.2533.8%
      Dentist $85.00$98.3813.6%
      Ibuprofen $7.99$9.2613.7%
      Lipitor $510.29$466.479.4%

      Housing

      ItemLouisvilleNational avg.Difference
      Home Price $143,100.00$184,700.0022.5%
      Avg. Mortgage Payment $1,003.96$1,273.3221.2%
      Apartment Rent $748.00$949.0021.2%

      Transportation

      ItemLouisvilleNational avg.Difference
      Gasoline $2.86$2.5910.4%
      Tire Balancing $45.00$48.908.0%

      Utilities

      ItemLouisvilleNational avg.Difference
      All Electricity$151.92$167.609.4%
      Phone $177.97$163.428.9%
      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.
      South Park View, KY299-1%
      New Middletown, IN3182-18%
      Elizabeth, IN19986-14%
      Shively, KY15,62586-14%
      West Buechel, KY1,17586-14%
      Louisville, KY611,57393-7%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Las Vegas, NV613,29599-1%
      Oklahoma City, OK620,01588-12%
      Portland, OR620,58912727%
      Baltimore, MD621,0001000%
      Milwaukee, WI598,67288-12%
      Louisville, KY611,57393-7%
      Source: The Russell, Louisville, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.