Cost of living in Buckner 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 Buckner 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 Buckner is 120, with 100 being the average.
The cost of living index in Buckner is 1.2x higher than the national average.
Buckner ranks as the #85 cheapest in Kentucky out of 85.
Buckner ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Buckner is $327,700.
The median income in Buckner is $137,696.
According to the most recent data on the cost of living, Buckner has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Kentucky, Buckner has a cost of living index that's 1.3x higher than Kentucky's index of 94.
The standard of living in Buckner ranks as #85 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Buckner ranks as the #0 most expensive place in the Bluegrass State.
For more reading on life in Buckner, check out:
Six factors go into calculating the cost of living index in Buckner. Here is how it fairs on each of the criteria:
The Services index in Buckner is 103.
The Groceries index in Buckner is 93.
The Health index in Buckner is 97.
The Housing index in Buckner is 161.
The Transportation index in Buckner is 102.
The Utilities index in Buckner is 97.
Living Expense | Buckner | Kentucky | National Average | |
---|---|---|---|---|
Overall | 120 | 94 | 100 | |
Services | 103 | 105 | 100 | |
Groceries | 93 | 97 | 100 | |
Health | 97 | 79 | 100 | |
Housing | 161 | 75 | 100 | |
Transportation | 102 | 102 | 100 | |
Utilities | 97 | 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 Buckner is $327,700.
The Median Rent in Buckner is $1,508.
The Median Income in Buckner is $137,696.
The Home Value To Income in Buckner is 2.4x.
The Rent To Monthly Income in Buckner is 0.13x.
Statistic | Buckner | Kentucky | United States |
---|---|---|---|
Median Home Value | $327,700 | $155,100 | $244,900 |
Median Rent | $1,508 | $826 | $1,163 |
Median Income | $137,696 | $55,454 | $69,021 |
Home Value To Income | 2.4x | 2.8x | 3.5x |
Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Buckner. 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, 0.8x Buckner.
St. Matthews, KY has a cost of living index of 100, 0.8x Buckner.
Shelbyville, KY has a cost of living index of 94, 0.8x Buckner.
City | Population | Cost Of Living | Vs. Buckner |
---|---|---|---|
Jeffersontown, KY | 28,800 | 98 | 0.8x |
St. Matthews, KY | 17,588 | 100 | 0.8x |
Shelbyville, KY | 16,932 | 94 | 0.8x |
La Grange, KY | 9,901 | 96 | 0.8x |
Middletown, KY | 9,473 | 103 | 0.9x |
Crestwood, KY | 6,046 | 108 | 0.9x |
Douglass Hills, KY | 5,480 | 107 | 0.9x |