Cost of living in Hillview 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 Hillview 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 Hillview is 89, with 100 being the average.
The cost of living index in Hillview is 0.9x lower than the national average.
Hillview ranks as the #35 cheapest in Kentucky out of 85.
Hillview ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Hillview is $136,800.
The median income in Hillview is $58,827.
According to the most recent data on the cost of living, Hillview has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Hillview has a cost of living index that's 0.9x lower than Kentucky's index of 94.
The standard of living in Hillview ranks as #35 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Hillview ranks as the #50 most expensive place in the Bluegrass State.
For more reading on life in Hillview, check out:
Six factors go into calculating the cost of living index in Hillview. Here is how it fairs on each of the criteria:
The Services index in Hillview is 103.
The Groceries index in Hillview is 90.
The Health index in Hillview is 98.
The Housing index in Hillview is 70.
The Transportation index in Hillview is 105.
The Utilities index in Hillview is 97.
Living Expense | Hillview | Kentucky | National Average | |
---|---|---|---|---|
Overall | 89 | 94 | 100 | |
Services | 103 | 105 | 100 | |
Groceries | 90 | 97 | 100 | |
Health | 98 | 79 | 100 | |
Housing | 70 | 75 | 100 | |
Transportation | 105 | 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 Hillview is $136,800.
The Median Rent in Hillview is $1,170.
The Median Income in Hillview is $58,827.
The Home Value To Income in Hillview is 2.3x.
The Rent To Monthly Income in Hillview is 0.24x.
Statistic | Hillview | Kentucky | United States |
---|---|---|---|
Median Home Value | $136,800 | $155,100 | $244,900 |
Median Rent | $1,170 | $826 | $1,163 |
Median Income | $58,827 | $55,454 | $69,021 |
Home Value To Income | 2.3x | 2.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Hillview. 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, 1.1x Hillview.
Mount Washington, KY has a cost of living index of 95, 1.1x Hillview.
St. Matthews, KY has a cost of living index of 100, 1.1x Hillview.
City | Population | Cost Of Living | Vs. Hillview |
---|---|---|---|
Jeffersontown, KY | 28,800 | 98 | 1.1x |
Mount Washington, KY | 17,723 | 95 | 1.1x |
St. Matthews, KY | 17,588 | 100 | 1.1x |
Shepherdsville, KY | 13,918 | 93 | 1.0x |
Lyndon, KY | 11,033 | 99 | 1.1x |
Middletown, KY | 9,473 | 103 | 1.2x |
Fort Knox, KY | 8,888 | 108 | 1.2x |
Douglass Hills, KY | 5,480 | 107 | 1.2x |