Middlesborough, KY Cost Of Living

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

Cost Of Living In Middlesborough, KY Summary

Cost of living in Middlesborough 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 Middlesborough 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 Middlesborough is 80, with 100 being the average.

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

  • Middlesborough ranks as the #4 cheapest in Kentucky out of 85.

  • Middlesborough ranks as the #211 cheapest out of 6,412 in the US.

  • The median home value in Middlesborough is $72,600.

  • The median income in Middlesborough is $28,734.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
80
Middlesborough's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Middlesborough, KY?

According to the most recent data on the cost of living, Middlesborough has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.

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

The standard of living in Middlesborough ranks as #4 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Middlesborough ranks as the #81 most expensive place in the Bluegrass State.

For more reading on life in Middlesborough, check out:

4 out of 85
In Kentucky
211 out of 6,412
In America

Middlesborough Cost Of Living Vs. Kentucky

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

  • The Services index in Middlesborough is 92.

  • The Groceries index in Middlesborough is 94.

  • The Health index in Middlesborough is 98.

  • The Housing index in Middlesborough is 46.

  • The Transportation index in Middlesborough is 84.

  • The Utilities index in Middlesborough is 104.

Living Expense Middlesborough Kentucky National Average
Overall 80 94 100
Services 92 105 100
Groceries 94 97 100
Health 98 79 100
Housing 46 75 100
Transportation 84 102 100
Utilities 104 106 100
For more reading on cost of living around Kentucky, check out:
Middlesborough Cost of Living Vs. KY

Middlesborough, 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 Middlesborough is $72,600.

  • The Median Rent in Middlesborough is $541.

  • The Median Income in Middlesborough is $28,734.

  • The Home Value To Income in Middlesborough is 2.5x.

  • The Rent To Monthly Income in Middlesborough is 0.23x.

Statistic Middlesborough Kentucky United States
Median Home Value $72,600 $155,100 $244,900
Median Rent $541 $826 $1,163
Median Income $28,734 $55,454 $69,021
Home Value To Income 2.5x 2.8x 3.5x
Rent To Monthly Income 0.23x 0.18x 0.2x
Search Homes For Sale In Middlesborough, KY
$72,600
Median Home Value
$541
Median Rent
$28,734
Median Income

Middlesborough, KY Costs By Category

Detailed Middlesborough Services Costs Vs. Kentucky

Item Middlesborough Kentucky
Shampoo $1.06 $1.06
Movie $11.99 $10.68
Bowling $6.33 $14.67
Haircut $12.22 $18.62
Beauty Salon $25.0 $39.05

Detailed Middlesborough Groceries Costs Vs. Kentucky

Item Middlesborough Kentucky
Ground Beef $3.99 $4.22
Fried Chicken $1.04 $1.39
Milk $2.01 $2.05
Potatoes $3.7 $3.29
Pizza $9.79 $10.62
Beer $9.75 $9.38
Toothpaste $1.9 $2.34

Detailed Middlesborough Health Costs Vs. Kentucky

Item Middlesborough Kentucky
Optometrist $102.11 $108.57
Doctor $127.67 $116.17
Dentist $85.0 $99.13

Detailed Middlesborough Transportation Costs Vs. Kentucky

Item Middlesborough Kentucky
Gasoline $2.12 $2.22
Tire Balancing $26.55 $50.07

Detailed Middlesborough Utilities Costs Vs. Kentucky

Item Middlesborough Kentucky
All Electricity $171.34 $167.67
Phone $184.96 $175.64

Middlesborough SnackAbility

4
/10
Overall SnackAbility
Jobs
4/10
Housing
3
Affordability
7
Diversity
6
Safety
N/A
Amenities
8
Education
3
Commute
9.5

Cost Of Living In Cities Around Middlesborough

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

  • Knoxville, TN has a cost of living index of 81, 1.0x Middlesborough.

  • Morristown, TN has a cost of living index of 85, 1.1x Middlesborough.

  • Clinton, TN has a cost of living index of 84, 1.1x Middlesborough.

City Population Cost Of Living Vs. Middlesborough
Knoxville, TN 189,339 81 1.0x
Morristown, TN 30,387 85 1.1x
Clinton, TN 9,982 84 1.1x
Corbin, KY 8,397 80 1.0x
London, KY 7,492 88 1.1x
La Follette, TN 7,384 75 0.9x
Williamsburg, KY 5,272 75 0.9x

Articles About Kentucky

Enjoy The Snack?