Ashland, KY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Ashland, KY Summary

Cost of living in Ashland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ashland is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Ashland is 83, with 100 being the average.

  • The cost of living index in Ashland is 0.8x lower than the national average.

  • Ashland ranks as the #8 cheapest in Kentucky out of 85.

  • Ashland ranks as the #491 cheapest out of 6,412 in the US.

  • The median home value in Ashland is $106,400.

  • The median income in Ashland is $45,414.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
83
Ashland's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Ashland, KY?

According to the most recent data on the cost of living, Ashland has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.

Compared to Kentucky, Ashland has a cost of living index that's 0.9x lower than Kentucky's index of 94.

The standard of living in Ashland ranks as #8 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Ashland ranks as the #77 most expensive place in the Bluegrass State.

For more reading on life in Ashland, check out:

8 out of 85
In Kentucky
491 out of 6,412
In America

Ashland Cost Of Living Vs. Kentucky

Six factors go into calculating the cost of living index in Ashland. Here is how it fairs on each of the criteria:

  • The Services index in Ashland is 103.

  • The Groceries index in Ashland is 89.

  • The Health index in Ashland is 80.

  • The Housing index in Ashland is 57.

  • The Transportation index in Ashland is 91.

  • The Utilities index in Ashland is 103.

Living Expense Ashland Kentucky National Average
Overall 83 94 100
Services 103 105 100
Groceries 89 97 100
Health 80 79 100
Housing 57 75 100
Transportation 91 102 100
Utilities 103 106 100
For more reading on cost of living around Kentucky, check out:
Ashland Cost of Living Vs. KY

Ashland, KY Housing Cost Breakdown

Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Ashland is $106,400.

  • The Median Rent in Ashland is $693.

  • The Median Income in Ashland is $45,414.

  • The Home Value To Income in Ashland is 2.3x.

  • The Rent To Monthly Income in Ashland is 0.18x.

Statistic Ashland Kentucky United States
Median Home Value $106,400 $155,100 $244,900
Median Rent $693 $826 $1,163
Median Income $45,414 $55,454 $69,021
Home Value To Income 2.3x 2.8x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x
Search Homes For Sale In Ashland, KY
$106,400
Median Home Value
$693
Median Rent
$45,414
Median Income

Ashland, KY Costs By Category

Detailed Ashland Services Costs Vs. Kentucky

Item Ashland Kentucky
Shampoo $0.94 $1.06
Movie $9.56 $10.68
Bowling $15.2 $14.67
Haircut $17.72 $18.62
Beauty Salon $37.9 $39.05

Detailed Ashland Groceries Costs Vs. Kentucky

Item Ashland Kentucky
Ground Beef $4.12 $4.22
Fried Chicken $1.11 $1.39
Milk $1.64 $2.05
Potatoes $2.9 $3.29
Pizza $10.33 $10.62
Beer $9.29 $9.38
Toothpaste $1.74 $2.34

Detailed Ashland Health Costs Vs. Kentucky

Item Ashland Kentucky
Optometrist $74.07 $108.57
Doctor $82.39 $116.17
Dentist $76.8 $99.13

Detailed Ashland Transportation Costs Vs. Kentucky

Item Ashland Kentucky
Gasoline $2.08 $2.22
Tire Balancing $44.57 $50.07

Detailed Ashland Utilities Costs Vs. Kentucky

Item Ashland Kentucky
All Electricity $157.57 $167.67
Phone $206.48 $175.64

Ashland SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
4
Affordability
8
Diversity
5
Safety
5
Amenities
8.5
Education
7
Commute
8.5

Cost Of Living In Cities Around Ashland

The cost of living varies in the cities and towns around Ashland. Here's a quick look at the cost of living in the most populous nearby places:

  • Huntington, WV has a cost of living index of 84, 1.0x Ashland.

  • Ironton, OH has a cost of living index of 83, 1.0x Ashland.

  • Flatwoods, KY has a cost of living index of 82, 1.0x Ashland.

City Population Cost Of Living Vs. Ashland
Huntington, WV 46,923 84 1.0x
Ironton, OH 10,647 83 1.0x
Flatwoods, KY 7,314 82 1.0x
Pea Ridge, WV 6,783 91 1.1x

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