Harrodsburg, KY Cost Of Living
Cost Of Living In Harrodsburg, KY Summary
Cost of living in Harrodsburg 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 Harrodsburg 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 Harrodsburg is 83, with 100 being the average.
The cost of living index in Harrodsburg is 0.8x lower than the national average.
Harrodsburg ranks as the #8 cheapest in Kentucky out of 85.
Harrodsburg ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Harrodsburg is $120,600.
The median income in Harrodsburg is $41,839.
Table Of Contents
Harrodsburg's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Harrodsburg, KY?
According to the most recent data on the cost of living, Harrodsburg has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Kentucky, Harrodsburg has a cost of living index that's 0.9x lower than Kentucky's index of 94.
The standard of living in Harrodsburg ranks as #8 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Harrodsburg ranks as the #77 most expensive place in the Bluegrass State.
For more reading on life in Harrodsburg, check out:
- Living In Harrodsburg
- Harrodsburg Crime Report
- Search Homes For Sale In Harrodsburg, KY
In Kentucky
In America
Harrodsburg Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Harrodsburg. Here is how it fairs on each of the criteria:
The Services index in Harrodsburg is 101.
The Groceries index in Harrodsburg is 88.
The Health index in Harrodsburg is 82.
The Housing index in Harrodsburg is 56.
The Transportation index in Harrodsburg is 94.
The Utilities index in Harrodsburg is 100.
| Living Expense | Harrodsburg | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 83 | 94 | 100 | |
| Services | 101 | 105 | 100 | |
| Groceries | 88 | 97 | 100 | |
| Health | 82 | 79 | 100 | |
| Housing | 56 | 75 | 100 | |
| Transportation | 94 | 102 | 100 | |
| Utilities | 100 | 106 | 100 | |
Harrodsburg, 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 Harrodsburg is $120,600.
The Median Rent in Harrodsburg is $599.
The Median Income in Harrodsburg is $41,839.
The Home Value To Income in Harrodsburg is 2.9x.
The Rent To Monthly Income in Harrodsburg is 0.17x.
| Statistic | Harrodsburg | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $120,600 | $155,100 | $244,900 |
| Median Rent | $599 | $826 | $1,163 |
| Median Income | $41,839 | $55,454 | $69,021 |
| Home Value To Income | 2.9x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Harrodsburg, KY Costs By Category
Detailed Harrodsburg Services Costs Vs. Kentucky
| Item | Harrodsburg | Kentucky |
|---|---|---|
| Shampoo | $0.94 | $1.06 |
| Movie | $9.56 | $10.68 |
| Bowling | $15.2 | $14.67 |
| Haircut | $17.72 | $18.62 |
| Beauty Salon | $37.9 | $39.05 |
Detailed Harrodsburg Groceries Costs Vs. Kentucky
| Item | Harrodsburg | Kentucky |
|---|---|---|
| Ground Beef | $4.12 | $4.22 |
| Fried Chicken | $1.11 | $1.39 |
| Milk | $1.64 | $2.05 |
| Potatoes | $2.9 | $3.29 |
| Pizza | $10.33 | $10.62 |
| Beer | $9.29 | $9.38 |
| Toothpaste | $1.74 | $2.34 |
Detailed Harrodsburg Health Costs Vs. Kentucky
| Item | Harrodsburg | Kentucky |
|---|---|---|
| Optometrist | $74.07 | $108.57 |
| Doctor | $82.39 | $116.17 |
| Dentist | $76.8 | $99.13 |
Detailed Harrodsburg Transportation Costs Vs. Kentucky
| Item | Harrodsburg | Kentucky |
|---|---|---|
| Gasoline | $2.08 | $2.22 |
| Tire Balancing | $44.57 | $50.07 |
Detailed Harrodsburg Utilities Costs Vs. Kentucky
| Item | Harrodsburg | Kentucky |
|---|---|---|
| All Electricity | $157.57 | $167.67 |
| Phone | $206.48 | $175.64 |
Harrodsburg SnackAbility
/10
Cost Of Living In Cities Around Harrodsburg
The cost of living varies in the cities and towns around Harrodsburg. Here's a quick look at the cost of living in the most populous nearby places:
Nicholasville, KY has a cost of living index of 92, 1.1x Harrodsburg.
Danville, KY has a cost of living index of 92, 1.1x Harrodsburg.
Lawrenceburg, KY has a cost of living index of 89, 1.1x Harrodsburg.
| City | Population | Cost Of Living | Vs. Harrodsburg |
|---|---|---|---|
| Nicholasville, KY | 31,066 | 92 | 1.1x |
| Danville, KY | 17,164 | 92 | 1.1x |
| Lawrenceburg, KY | 11,675 | 89 | 1.1x |
| Wilmore, KY | 6,025 | 91 | 1.1x |
