Cost of living in Radcliff 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 Radcliff 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 Radcliff is 93, with 100 being the average.
The cost of living index in Radcliff is 0.9x lower than the national average.
Radcliff ranks as the #53 cheapest in Kentucky out of 85.
Radcliff ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Radcliff is $130,100.
The median income in Radcliff is $48,325.
According to the most recent data on the cost of living, Radcliff has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Radcliff has a cost of living index that's 1.0x lower than Kentucky's index of 94.
The standard of living in Radcliff ranks as #53 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Radcliff ranks as the #32 most expensive place in the Bluegrass State.
For more reading on life in Radcliff, check out:
Six factors go into calculating the cost of living index in Radcliff. Here is how it fairs on each of the criteria:
The Services index in Radcliff is 105.
The Groceries index in Radcliff is 91.
The Health index in Radcliff is 94.
The Housing index in Radcliff is 68.
The Transportation index in Radcliff is 104.
The Utilities index in Radcliff is 95.
Living Expense | Radcliff | Kentucky | National Average | |
---|---|---|---|---|
Overall | 93 | 94 | 100 | |
Services | 105 | 105 | 100 | |
Groceries | 91 | 97 | 100 | |
Health | 94 | 79 | 100 | |
Housing | 68 | 75 | 100 | |
Transportation | 104 | 102 | 100 | |
Utilities | 95 | 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 Radcliff is $130,100.
The Median Rent in Radcliff is $843.
The Median Income in Radcliff is $48,325.
The Home Value To Income in Radcliff is 2.7x.
The Rent To Monthly Income in Radcliff is 0.21x.
Statistic | Radcliff | Kentucky | United States |
---|---|---|---|
Median Home Value | $130,100 | $155,100 | $244,900 |
Median Rent | $843 | $826 | $1,163 |
Median Income | $48,325 | $55,454 | $69,021 |
Home Value To Income | 2.7x | 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 Radcliff. Here's a quick look at the cost of living in the most populous nearby places:
Elizabethtown, KY has a cost of living index of 98, 1.1x Radcliff.
Shepherdsville, KY has a cost of living index of 93, 1.0x Radcliff.
Fort Knox, KY has a cost of living index of 108, 1.2x Radcliff.
City | Population | Cost Of Living | Vs. Radcliff |
---|---|---|---|
Elizabethtown, KY | 31,066 | 98 | 1.1x |
Shepherdsville, KY | 13,918 | 93 | 1.0x |
Fort Knox, KY | 8,888 | 108 | 1.2x |
Vine Grove, KY | 6,397 | 92 | 1.0x |