Middlesborough, KY Cost Of Living
Cost Of Living In Middlesborough, KY Summary
Cost of living in Middlesborough 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 Middlesborough 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 Middlesborough is 80, with 100 being the average.
The cost of living index in Middlesborough is 0.8x lower than the national average.
Middlesborough ranks as the #4 cheapest in Kentucky out of 85.
Middlesborough ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Middlesborough is $72,600.
The median income in Middlesborough is $28,734.
Table Of Contents
Middlesborough's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Middlesborough, KY?
According to the most recent data on the cost of living, Middlesborough has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Kentucky, Middlesborough has a cost of living index that's 0.9x lower than Kentucky's index of 94.
The standard of living in Middlesborough ranks as #4 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Middlesborough ranks as the #81 most expensive place in the Bluegrass State.
For more reading on life in Middlesborough, check out:
- Living In Middlesborough
- Search Homes For Sale In Middlesborough, KY
In Kentucky
In America
Middlesborough Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Middlesborough. Here is how it fairs on each of the criteria:
The Services index in Middlesborough is 92.
The Groceries index in Middlesborough is 94.
The Health index in Middlesborough is 98.
The Housing index in Middlesborough is 46.
The Transportation index in Middlesborough is 84.
The Utilities index in Middlesborough is 104.
| Living Expense | Middlesborough | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 80 | 94 | 100 | |
| Services | 92 | 105 | 100 | |
| Groceries | 94 | 97 | 100 | |
| Health | 98 | 79 | 100 | |
| Housing | 46 | 75 | 100 | |
| Transportation | 84 | 102 | 100 | |
| Utilities | 104 | 106 | 100 | |
Middlesborough, 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 Middlesborough is $72,600.
The Median Rent in Middlesborough is $541.
The Median Income in Middlesborough is $28,734.
The Home Value To Income in Middlesborough is 2.5x.
The Rent To Monthly Income in Middlesborough is 0.23x.
| Statistic | Middlesborough | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $72,600 | $155,100 | $244,900 |
| Median Rent | $541 | $826 | $1,163 |
| Median Income | $28,734 | $55,454 | $69,021 |
| Home Value To Income | 2.5x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Middlesborough, KY Costs By Category
Detailed Middlesborough Services Costs Vs. Kentucky
| Item | Middlesborough | Kentucky |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $11.99 | $10.68 |
| Bowling | $6.33 | $14.67 |
| Haircut | $12.22 | $18.62 |
| Beauty Salon | $25.0 | $39.05 |
Detailed Middlesborough Groceries Costs Vs. Kentucky
| Item | Middlesborough | Kentucky |
|---|---|---|
| Ground Beef | $3.99 | $4.22 |
| Fried Chicken | $1.04 | $1.39 |
| Milk | $2.01 | $2.05 |
| Potatoes | $3.7 | $3.29 |
| Pizza | $9.79 | $10.62 |
| Beer | $9.75 | $9.38 |
| Toothpaste | $1.9 | $2.34 |
Detailed Middlesborough Health Costs Vs. Kentucky
| Item | Middlesborough | Kentucky |
|---|---|---|
| Optometrist | $102.11 | $108.57 |
| Doctor | $127.67 | $116.17 |
| Dentist | $85.0 | $99.13 |
Detailed Middlesborough Transportation Costs Vs. Kentucky
| Item | Middlesborough | Kentucky |
|---|---|---|
| Gasoline | $2.12 | $2.22 |
| Tire Balancing | $26.55 | $50.07 |
Detailed Middlesborough Utilities Costs Vs. Kentucky
| Item | Middlesborough | Kentucky |
|---|---|---|
| All Electricity | $171.34 | $167.67 |
| Phone | $184.96 | $175.64 |
Middlesborough SnackAbility
/10
Cost Of Living In Cities Around Middlesborough
The cost of living varies in the cities and towns around Middlesborough. Here's a quick look at the cost of living in the most populous nearby places:
Knoxville, TN has a cost of living index of 81, 1.0x Middlesborough.
Morristown, TN has a cost of living index of 85, 1.1x Middlesborough.
Clinton, TN has a cost of living index of 84, 1.1x Middlesborough.
| City | Population | Cost Of Living | Vs. Middlesborough |
|---|---|---|---|
| Knoxville, TN | 189,339 | 81 | 1.0x |
| Morristown, TN | 30,387 | 85 | 1.1x |
| Clinton, TN | 9,982 | 84 | 1.1x |
| Corbin, KY | 8,397 | 80 | 1.0x |
| London, KY | 7,492 | 88 | 1.1x |
| La Follette, TN | 7,384 | 75 | 0.9x |
| Williamsburg, KY | 5,272 | 75 | 0.9x |
