Fort Wright, KY Cost Of Living
Cost Of Living In Fort Wright, KY Summary
Cost of living in Fort Wright 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 Fort Wright 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 Fort Wright is 107, with 100 being the average.
The cost of living index in Fort Wright is 1.1x higher than the national average.
Fort Wright ranks as the #77 cheapest in Kentucky out of 84.
Fort Wright ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in Fort Wright is $328,934.
The median income in Fort Wright is $100,647.
Table Of Contents
Fort Wright's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fort Wright, KY?
According to the most recent data on the cost of living, Fort Wright has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Kentucky, Fort Wright has a cost of living index that's 1.2x higher than Kentucky's index of 92.
The standard of living in Fort Wright ranks as #77 most affordable out of the 84 places we measured in Kentucky. By definition, that implies Fort Wright ranks as the #7 most expensive place in the Bluegrass State.
For more reading on life in Fort Wright, check out:
In Kentucky
In America
Fort Wright Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Fort Wright. Here is how it fairs on each of the criteria:
The Services index in Fort Wright is 104.
The Groceries index in Fort Wright is 101.
The Health index in Fort Wright is 104.
The Housing index in Fort Wright is 111.
The Transportation index in Fort Wright is 101.
The Utilities index in Fort Wright is 101.
| Living Expense | Fort Wright | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 107 | 92 | 100 | |
| Services | 104 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 104 | 85 | 100 | |
| Housing | 111 | 71 | 100 | |
| Transportation | 101 | 94 | 100 | |
| Utilities | 101 | 105 | 100 | |
Fort Wright, 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 2019-2023. The key points are:
The Median Home Value in Fort Wright is $328,934.
The Median Rent in Fort Wright is $1,094.
The Median Income in Fort Wright is $100,647.
The Home Value To Income in Fort Wright is 3.3x.
The Rent To Monthly Income in Fort Wright is 0.13x.
| Statistic | Fort Wright | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $328,934 | $226,606 | $303,400 |
| Median Rent | $1,094 | $933 | $1,348 |
| Median Income | $100,647 | $62,417 | $78,538 |
| Home Value To Income | 3.3x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Fort Wright, KY Costs By Category
Detailed Fort Wright Services Costs Vs. Kentucky
| Item | Fort Wright | Kentucky |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $14.35 | $12.13 |
| Bowling | $17.56 | $18 |
| Haircut | $25.13 | $24.26 |
| Beauty Salon | $37.93 | $45.56 |
Detailed Fort Wright Groceries Costs Vs. Kentucky
| Item | Fort Wright | Kentucky |
|---|---|---|
| Ground Beef | $5.91 | $5.84 |
| Fried Chicken | $1.72 | $1.57 |
| Milk | $4.8 | $4.67 |
| Potatoes | $5.05 | $4.93 |
| Pizza | $11.92 | $12.09 |
| Beer | $10.63 | $10.41 |
| Toothpaste | $3.6 | $3.7 |
Detailed Fort Wright Health Costs Vs. Kentucky
| Item | Fort Wright | Kentucky |
|---|---|---|
| Optometrist | $105.42 | $125.68 |
| Doctor | $159.4 | $135.78 |
| Dentist | $106.67 | $113.29 |
Detailed Fort Wright Transportation Costs Vs. Kentucky
| Item | Fort Wright | Kentucky |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $73.09 | $59.92 |
Detailed Fort Wright Utilities Costs Vs. Kentucky
| Item | Fort Wright | Kentucky |
|---|---|---|
| All Electricity | $197.1 | $193.99 |
| Phone | $186.48 | $192.25 |
Fort Wright SnackAbility
/10
Cost Of Living In Cities Around Fort Wright
The cost of living varies in the cities and towns around Fort Wright. Here's a quick look at the cost of living in the most populous nearby places:
Covington, KY has a cost of living index of 93, 0.9x Fort Wright.
Monfort Heights, OH has a cost of living index of 97, 0.9x Fort Wright.
Mack, OH has a cost of living index of 109, 1.0x Fort Wright.
| City | Population | Cost Of Living | Vs. Fort Wright |
|---|---|---|---|
| Covington, KY | 40,902 | 93 | 0.9x |
| Monfort Heights, OH | 12,203 | 97 | 0.9x |
| Mack, OH | 11,444 | 109 | 1.0x |
| Forestville, OH | 11,213 | 107 | 1.0x |
| Montgomery, OH | 10,816 | 128 | 1.2x |
| Madeira, OH | 9,454 | 118 | 1.1x |
| Wyoming, OH | 8,712 | 121 | 1.1x |
| Fort Mitchell, KY | 8,676 | 111 | 1.0x |
| Kenwood, OH | 8,484 | 114 | 1.1x |
| Edgewood, KY | 8,429 | 108 | 1.0x |
