Ashland, KY Cost Of Living
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
Ashland's Overall Cost Of Living
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:
- Living In Ashland
- Ashland Crime Report
- Search Homes For Sale In Ashland, KY
In Kentucky
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 | |
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 |
Median Home Value
Median Rent
Median Income
Ashland, KY Costs By Category
Detailed Ashland Services Costs Vs. Kentucky
Detailed Ashland Groceries Costs Vs. Kentucky
Detailed Ashland Health Costs Vs. Kentucky
Detailed Ashland Transportation Costs Vs. Kentucky
Detailed Ashland Utilities Costs Vs. Kentucky
Ashland SnackAbility
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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 |
