Crestwood, KY Cost Of Living
Cost Of Living In Crestwood, KY Summary
Cost of living in Crestwood 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 Crestwood 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 Crestwood is 108, with 100 being the average.
The cost of living index in Crestwood is 1.1x higher than the national average.
Crestwood ranks as the #81 cheapest in Kentucky out of 85.
Crestwood ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Crestwood is $277,700.
The median income in Crestwood is $98,797.
Table Of Contents
Crestwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Crestwood, KY?
According to the most recent data on the cost of living, Crestwood has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Kentucky, Crestwood has a cost of living index that's 1.1x higher than Kentucky's index of 94.
The standard of living in Crestwood ranks as #81 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Crestwood ranks as the #4 most expensive place in the Bluegrass State.
For more reading on life in Crestwood, check out:
- Living In Crestwood
- Search Homes For Sale In Crestwood, KY
In Kentucky
In America
Crestwood Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Crestwood. Here is how it fairs on each of the criteria:
The Services index in Crestwood is 105.
The Groceries index in Crestwood is 93.
The Health index in Crestwood is 96.
The Housing index in Crestwood is 119.
The Transportation index in Crestwood is 104.
The Utilities index in Crestwood is 94.
| Living Expense | Crestwood | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 108 | 94 | 100 | |
| Services | 105 | 105 | 100 | |
| Groceries | 93 | 97 | 100 | |
| Health | 96 | 79 | 100 | |
| Housing | 119 | 75 | 100 | |
| Transportation | 104 | 102 | 100 | |
| Utilities | 94 | 106 | 100 | |
Crestwood, 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 Crestwood is $277,700.
The Median Rent in Crestwood is $1,081.
The Median Income in Crestwood is $98,797.
The Home Value To Income in Crestwood is 2.8x.
The Rent To Monthly Income in Crestwood is 0.13x.
| Statistic | Crestwood | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $277,700 | $155,100 | $244,900 |
| Median Rent | $1,081 | $826 | $1,163 |
| Median Income | $98,797 | $55,454 | $69,021 |
| Home Value To Income | 2.8x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Crestwood, KY Costs By Category
Detailed Crestwood Services Costs Vs. Kentucky
Detailed Crestwood Groceries Costs Vs. Kentucky
Detailed Crestwood Health Costs Vs. Kentucky
Detailed Crestwood Transportation Costs Vs. Kentucky
Detailed Crestwood Utilities Costs Vs. Kentucky
Crestwood SnackAbility
/10
Cost Of Living In Cities Around Crestwood
The cost of living varies in the cities and towns around Crestwood. 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, 0.9x Crestwood.
St. Matthews, KY has a cost of living index of 100, 0.9x Crestwood.
Shelbyville, KY has a cost of living index of 94, 0.9x Crestwood.
| City | Population | Cost Of Living | Vs. Crestwood |
|---|---|---|---|
| Jeffersontown, KY | 28,800 | 98 | 0.9x |
| St. Matthews, KY | 17,588 | 100 | 0.9x |
| Shelbyville, KY | 16,932 | 94 | 0.9x |
| Middletown, KY | 9,473 | 103 | 1.0x |
| Douglass Hills, KY | 5,480 | 107 | 1.0x |
| Buckner, KY | 5,435 | 120 | 1.1x |
