Cost of living in Elizabethtown 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 Elizabethtown 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 Elizabethtown is 98, with 100 being the average.
The cost of living index in Elizabethtown is 1.0x lower than the national average.
Elizabethtown ranks as the #68 cheapest in Kentucky out of 85.
Elizabethtown ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Elizabethtown is $180,400.
The median income in Elizabethtown is $51,875.
According to the most recent data on the cost of living, Elizabethtown has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Kentucky, Elizabethtown has a cost of living index that's 1.0x higher than Kentucky's index of 94.
The standard of living in Elizabethtown ranks as #68 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Elizabethtown ranks as the #17 most expensive place in the Bluegrass State.
For more reading on life in Elizabethtown, check out:
Six factors go into calculating the cost of living index in Elizabethtown. Here is how it fairs on each of the criteria:
The Services index in Elizabethtown is 105.
The Groceries index in Elizabethtown is 93.
The Health index in Elizabethtown is 95.
The Housing index in Elizabethtown is 83.
The Transportation index in Elizabethtown is 101.
The Utilities index in Elizabethtown is 97.
Living Expense | Elizabethtown | Kentucky | National Average | |
---|---|---|---|---|
Overall | 98 | 94 | 100 | |
Services | 105 | 105 | 100 | |
Groceries | 93 | 97 | 100 | |
Health | 95 | 79 | 100 | |
Housing | 83 | 75 | 100 | |
Transportation | 101 | 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 Elizabethtown is $180,400.
The Median Rent in Elizabethtown is $804.
The Median Income in Elizabethtown is $51,875.
The Home Value To Income in Elizabethtown is 3.5x.
The Rent To Monthly Income in Elizabethtown is 0.19x.
Statistic | Elizabethtown | Kentucky | United States |
---|---|---|---|
Median Home Value | $180,400 | $155,100 | $244,900 |
Median Rent | $804 | $826 | $1,163 |
Median Income | $51,875 | $55,454 | $69,021 |
Home Value To Income | 3.5x | 2.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Elizabethtown | Kentucky |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $12.1 | $10.68 |
Bowling | $18.55 | $14.67 |
Haircut | $15.0 | $18.62 |
Beauty Salon | $49.58 | $39.05 |
Item | Elizabethtown | Kentucky |
---|---|---|
Ground Beef | $3.91 | $4.22 |
Fried Chicken | $1.09 | $1.39 |
Milk | $1.15 | $2.05 |
Potatoes | $2.99 | $3.29 |
Pizza | $10.33 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.56 | $2.34 |
Item | Elizabethtown | Kentucky |
---|---|---|
Optometrist | $71.56 | $108.57 |
Doctor | $133.98 | $116.17 |
Dentist | $82.89 | $99.13 |
Item | Elizabethtown | Kentucky |
---|---|---|
Gasoline | $2.28 | $2.22 |
Tire Balancing | $51.83 | $50.07 |
Item | Elizabethtown | Kentucky |
---|---|---|
All Electricity | $157.62 | $167.67 |
Phone | $180.81 | $175.64 |
The cost of living varies in the cities and towns around Elizabethtown. Here's a quick look at the cost of living in the most populous nearby places:
Madisonville, KY has a cost of living index of 86, 0.9x Elizabethtown.
Marion, IL has a cost of living index of 86, 0.9x Elizabethtown.
Herrin, IL has a cost of living index of 81, 0.8x Elizabethtown.
City | Population | Cost Of Living | Vs. Elizabethtown |
---|---|---|---|
Madisonville, KY | 19,533 | 86 | 0.9x |
Marion, IL | 16,960 | 86 | 0.9x |
Herrin, IL | 12,398 | 81 | 0.8x |
Mount Vernon, IN | 6,861 | 86 | 0.9x |
Carterville, IL | 5,839 | 93 | 0.9x |