Cost of living in Bardstown 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 Bardstown 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 Bardstown is 92, with 100 being the average.
The cost of living index in Bardstown is 0.9x lower than the national average.
Bardstown ranks as the #48 cheapest in Kentucky out of 85.
Bardstown ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Bardstown is $143,600.
The median income in Bardstown is $49,298.
According to the most recent data on the cost of living, Bardstown has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Bardstown has a cost of living index that's 1.0x lower than Kentucky's index of 94.
The standard of living in Bardstown ranks as #48 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Bardstown ranks as the #37 most expensive place in the Bluegrass State.
For more reading on life in Bardstown, check out:
Six factors go into calculating the cost of living index in Bardstown. Here is how it fairs on each of the criteria:
The Services index in Bardstown is 105.
The Groceries index in Bardstown is 92.
The Health index in Bardstown is 97.
The Housing index in Bardstown is 67.
The Transportation index in Bardstown is 102.
The Utilities index in Bardstown is 94.
Living Expense | Bardstown | Kentucky | National Average | |
---|---|---|---|---|
Overall | 92 | 94 | 100 | |
Services | 105 | 105 | 100 | |
Groceries | 92 | 97 | 100 | |
Health | 97 | 79 | 100 | |
Housing | 67 | 75 | 100 | |
Transportation | 102 | 102 | 100 | |
Utilities | 94 | 106 | 100 |
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 Bardstown is $143,600.
The Median Rent in Bardstown is $815.
The Median Income in Bardstown is $49,298.
The Home Value To Income in Bardstown is 2.9x.
The Rent To Monthly Income in Bardstown is 0.2x.
Statistic | Bardstown | Kentucky | United States |
---|---|---|---|
Median Home Value | $143,600 | $155,100 | $244,900 |
Median Rent | $815 | $826 | $1,163 |
Median Income | $49,298 | $55,454 | $69,021 |
Home Value To Income | 2.9x | 2.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Bardstown. 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 98, 1.1x Bardstown.
St. Matthews, KY has a cost of living index of 100, 1.1x Bardstown.
Shelbyville, KY has a cost of living index of 94, 1.0x Bardstown.
City | Population | Cost Of Living | Vs. Bardstown |
---|---|---|---|
Jeffersontown, KY | 28,800 | 98 | 1.1x |
St. Matthews, KY | 17,588 | 100 | 1.1x |
Shelbyville, KY | 16,932 | 94 | 1.0x |
Middletown, KY | 9,473 | 103 | 1.1x |
Douglass Hills, KY | 5,480 | 107 | 1.2x |
Buckner, KY | 5,435 | 120 | 1.3x |