Cost of living in Hebron 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 Hebron 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 Hebron is 94, with 100 being the average.
The cost of living index in Hebron is 0.9x lower than the national average.
Hebron ranks as the #57 cheapest in Kentucky out of 85.
Hebron ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Hebron is $165,900.
The median income in Hebron is $94,261.
According to the most recent data on the cost of living, Hebron has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Hebron has a cost of living index that's 1.0x lower than Kentucky's index of 94.
The standard of living in Hebron ranks as #57 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Hebron ranks as the #28 most expensive place in the Bluegrass State.
For more reading on life in Hebron, check out:
Six factors go into calculating the cost of living index in Hebron. Here is how it fairs on each of the criteria:
The Services index in Hebron is 99.
The Groceries index in Hebron is 94.
The Health index in Hebron is 100.
The Housing index in Hebron is 90.
The Transportation index in Hebron is 108.
The Utilities index in Hebron is 89.
Living Expense | Hebron | Kentucky | National Average | |
---|---|---|---|---|
Overall | 94 | 94 | 100 | |
Services | 99 | 105 | 100 | |
Groceries | 94 | 97 | 100 | |
Health | 100 | 79 | 100 | |
Housing | 90 | 75 | 100 | |
Transportation | 108 | 102 | 100 | |
Utilities | 89 | 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 Hebron is $165,900.
The Median Rent in Hebron is $1,158.
The Median Income in Hebron is $94,261.
The Home Value To Income in Hebron is 1.8x.
The Rent To Monthly Income in Hebron is 0.15x.
Statistic | Hebron | Kentucky | United States |
---|---|---|---|
Median Home Value | $165,900 | $155,100 | $244,900 |
Median Rent | $1,158 | $826 | $1,163 |
Median Income | $94,261 | $55,454 | $69,021 |
Home Value To Income | 1.8x | 2.8x | 3.5x |
Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Hebron. Here's a quick look at the cost of living in the most populous nearby places:
Erlanger, KY has a cost of living index of 89, 0.9x Hebron.
Burlington, KY has a cost of living index of 96, 1.0x Hebron.
Bridgetown, OH has a cost of living index of 90, 1.0x Hebron.
City | Population | Cost Of Living | Vs. Hebron |
---|---|---|---|
Erlanger, KY | 19,506 | 89 | 0.9x |
Burlington, KY | 18,394 | 96 | 1.0x |
Bridgetown, OH | 13,257 | 90 | 1.0x |
Monfort Heights, OH | 13,221 | 98 | 1.0x |
Mack, OH | 11,452 | 104 | 1.1x |
Dent, OH | 11,069 | 96 | 1.0x |
Forestville, OH | 10,485 | 99 | 1.1x |
Francisville, KY | 10,088 | 110 | 1.2x |
Oakbrook, KY | 9,883 | 96 | 1.0x |
Madeira, OH | 9,397 | 110 | 1.2x |