Cost of living in Burlington 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 Burlington 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 Burlington is 96, with 100 being the average.
The cost of living index in Burlington is 1.0x lower than the national average.
Burlington ranks as the #64 cheapest in Kentucky out of 85.
Burlington ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Burlington is $186,000.
The median income in Burlington is $90,145.
According to the most recent data on the cost of living, Burlington has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Kentucky, Burlington has a cost of living index that's 1.0x higher than Kentucky's index of 94.
The standard of living in Burlington ranks as #64 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Burlington ranks as the #21 most expensive place in the Bluegrass State.
For more reading on life in Burlington, check out:
Six factors go into calculating the cost of living index in Burlington. Here is how it fairs on each of the criteria:
The Services index in Burlington is 98.
The Groceries index in Burlington is 93.
The Health index in Burlington is 98.
The Housing index in Burlington is 88.
The Transportation index in Burlington is 109.
The Utilities index in Burlington is 88.
|Living Expense||Burlington||Kentucky||National Average|
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 Burlington is $186,000.
The Median Rent in Burlington is $1,126.
The Median Income in Burlington is $90,145.
The Home Value To Income in Burlington is 2.1x.
The Rent To Monthly Income in Burlington is 0.15x.
|Median Home Value||$186,000||$155,100||$244,900|
|Home Value To Income||2.1x||2.8x||3.5x|
|Rent To Monthly Income||0.15x||0.18x||0.2x|
The cost of living varies in the cities and towns around Burlington. Here's a quick look at the cost of living in the most populous nearby places:
Florence, KY has a cost of living index of 94, 1.0x Burlington.
Erlanger, KY has a cost of living index of 89, 0.9x Burlington.
White Oak, OH has a cost of living index of 89, 0.9x Burlington.
|City||Population||Cost Of Living||Vs. Burlington|
|White Oak, OH||19,123||89||0.9x|
|Monfort Heights, OH||13,221||98||1.0x|