Mount Washington, KY Cost Of Living
Cost Of Living In Mount Washington, KY Summary
Cost of living in Mount Washington 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 Mount Washington 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 Mount Washington is 98, with 100 being the average.
The cost of living index in Mount Washington is 1.0x lower than the national average.
Mount Washington ranks as the #56 cheapest in Kentucky out of 84.
Mount Washington ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Mount Washington is $321,842.
The median income in Mount Washington is $93,852.
Table Of Contents
Mount Washington's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mount Washington, KY?
According to the most recent data on the cost of living, Mount Washington has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Kentucky, Mount Washington has a cost of living index that's 1.1x higher than Kentucky's index of 92.
The standard of living in Mount Washington ranks as #56 most affordable out of the 84 places we measured in Kentucky. By definition, that implies Mount Washington ranks as the #28 most expensive place in the Bluegrass State.
For more reading on life in Mount Washington, check out:
In Kentucky
In America
Mount Washington Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Mount Washington. Here is how it fairs on each of the criteria:
The Services index in Mount Washington is 100.
The Groceries index in Mount Washington is 100.
The Health index in Mount Washington is 82.
The Housing index in Mount Washington is 90.
The Transportation index in Mount Washington is 93.
The Utilities index in Mount Washington is 105.
| Living Expense | Mount Washington | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 98 | 92 | 100 | |
| Services | 100 | 101 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 82 | 85 | 100 | |
| Housing | 90 | 71 | 100 | |
| Transportation | 93 | 94 | 100 | |
| Utilities | 105 | 105 | 100 | |
Mount Washington, 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 Mount Washington is $321,842.
The Median Rent in Mount Washington is $919.
The Median Income in Mount Washington is $93,852.
The Home Value To Income in Mount Washington is 3.4x.
The Rent To Monthly Income in Mount Washington is 0.12x.
| Statistic | Mount Washington | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $321,842 | $226,606 | $303,400 |
| Median Rent | $919 | $933 | $1,348 |
| Median Income | $93,852 | $62,417 | $78,538 |
| Home Value To Income | 3.4x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.12x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Mount Washington, KY Costs By Category
Detailed Mount Washington Services Costs Vs. Kentucky
| Item | Mount Washington | Kentucky |
|---|---|---|
| Shampoo | $1.21 | $1.28 |
| Movie | $13.05 | $12.13 |
| Bowling | $21.91 | $18 |
| Haircut | $26.5 | $24.26 |
| Beauty Salon | $53.07 | $45.56 |
Detailed Mount Washington Groceries Costs Vs. Kentucky
| Item | Mount Washington | Kentucky |
|---|---|---|
| Ground Beef | $6.07 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.72 | $4.67 |
| Potatoes | $5.19 | $4.93 |
| Pizza | $10.35 | $12.09 |
| Beer | $9.84 | $10.41 |
| Toothpaste | $3.5 | $3.7 |
Detailed Mount Washington Health Costs Vs. Kentucky
| Item | Mount Washington | Kentucky |
|---|---|---|
| Optometrist | $87.52 | $125.68 |
| Doctor | $106.15 | $135.78 |
| Dentist | $102.55 | $113.29 |
Detailed Mount Washington Transportation Costs Vs. Kentucky
| Item | Mount Washington | Kentucky |
|---|---|---|
| Gasoline | $3.11 | $3.46 |
| Tire Balancing | $58.38 | $59.92 |
Detailed Mount Washington Utilities Costs Vs. Kentucky
| Item | Mount Washington | Kentucky |
|---|---|---|
| All Electricity | $207.41 | $193.99 |
| Phone | $192.46 | $192.25 |
Mount Washington SnackAbility
/10
Cost Of Living In Cities Around Mount Washington
The cost of living varies in the cities and towns around Mount Washington. Here's a quick look at the cost of living in the most populous nearby places:
Jeffersontown, KY has a cost of living index of 101, 1.0x Mount Washington.
St. Matthews, KY has a cost of living index of 110, 1.1x Mount Washington.
Shively, KY has a cost of living index of 88, 0.9x Mount Washington.
| City | Population | Cost Of Living | Vs. Mount Washington |
|---|---|---|---|
| Jeffersontown, KY | 28,988 | 101 | 1.0x |
| St. Matthews, KY | 17,491 | 110 | 1.1x |
| Shively, KY | 15,556 | 88 | 0.9x |
| Shepherdsville, KY | 14,351 | 95 | 1.0x |
| Lyndon, KY | 10,956 | 102 | 1.0x |
| Middletown, KY | 9,622 | 105 | 1.1x |
| Hillview, KY | 8,735 | 92 | 0.9x |
| Douglass Hills, KY | 5,437 | 113 | 1.2x |
