Cost of living in Lyndon 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 Lyndon 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 Lyndon is 99, with 100 being the average.
The cost of living index in Lyndon is 1.0x lower than the national average.
Lyndon ranks as the #70 cheapest in Kentucky out of 85.
Lyndon ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Lyndon is $219,400.
The median income in Lyndon is $61,078.
According to the most recent data on the cost of living, Lyndon has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Kentucky, Lyndon has a cost of living index that's 1.1x higher than Kentucky's index of 94.
The standard of living in Lyndon ranks as #70 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Lyndon ranks as the #15 most expensive place in the Bluegrass State.
For more reading on life in Lyndon, check out:
Six factors go into calculating the cost of living index in Lyndon. Here is how it fairs on each of the criteria:
The Services index in Lyndon is 106.
The Groceries index in Lyndon is 94.
The Health index in Lyndon is 97.
The Housing index in Lyndon is 95.
The Transportation index in Lyndon is 101.
The Utilities index in Lyndon is 94.
Living Expense | Lyndon | Kentucky | National Average | |
---|---|---|---|---|
Overall | 99 | 94 | 100 | |
Services | 106 | 105 | 100 | |
Groceries | 94 | 97 | 100 | |
Health | 97 | 79 | 100 | |
Housing | 95 | 75 | 100 | |
Transportation | 101 | 102 | 100 | |
Utilities | 94 | 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 Lyndon is $219,400.
The Median Rent in Lyndon is $1,065.
The Median Income in Lyndon is $61,078.
The Home Value To Income in Lyndon is 3.6x.
The Rent To Monthly Income in Lyndon is 0.21x.
Statistic | Lyndon | Kentucky | United States |
---|---|---|---|
Median Home Value | $219,400 | $155,100 | $244,900 |
Median Rent | $1,065 | $826 | $1,163 |
Median Income | $61,078 | $55,454 | $69,021 |
Home Value To Income | 3.6x | 2.8x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Lyndon. 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, 1.0x Lyndon.
St. Matthews, KY has a cost of living index of 100, 1.0x Lyndon.
Shelbyville, KY has a cost of living index of 94, 0.9x Lyndon.
City | Population | Cost Of Living | Vs. Lyndon |
---|---|---|---|
Jeffersontown, KY | 28,800 | 98 | 1.0x |
St. Matthews, KY | 17,588 | 100 | 1.0x |
Shelbyville, KY | 16,932 | 94 | 0.9x |
Middletown, KY | 9,473 | 103 | 1.0x |
Douglass Hills, KY | 5,480 | 107 | 1.1x |
Buckner, KY | 5,435 | 120 | 1.2x |