Shively, KY Cost Of Living
Cost Of Living In Shively, KY Summary
Cost of living in Shively 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 Shively 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 Shively is 86, with 100 being the average.
The cost of living index in Shively is 0.9x lower than the national average.
Shively ranks as the #20 cheapest in Kentucky out of 85.
Shively ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Shively is $114,800.
The median income in Shively is $41,104.
Table Of Contents
Shively's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Shively, KY?
According to the most recent data on the cost of living, Shively has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Shively has a cost of living index that's 0.9x lower than Kentucky's index of 94.
The standard of living in Shively ranks as #20 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Shively ranks as the #65 most expensive place in the Bluegrass State.
For more reading on life in Shively, check out:
- Living In Shively
- Shively Crime Report
- Search Homes For Sale In Shively, KY
In Kentucky
In America
Shively Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Shively. Here is how it fairs on each of the criteria:
The Services index in Shively is 106.
The Groceries index in Shively is 94.
The Health index in Shively is 98.
The Housing index in Shively is 58.
The Transportation index in Shively is 102.
The Utilities index in Shively is 97.
| Living Expense | Shively | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 86 | 94 | 100 | |
| Services | 106 | 105 | 100 | |
| Groceries | 94 | 97 | 100 | |
| Health | 98 | 79 | 100 | |
| Housing | 58 | 75 | 100 | |
| Transportation | 102 | 102 | 100 | |
| Utilities | 97 | 106 | 100 | |
Shively, 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 Shively is $114,800.
The Median Rent in Shively is $755.
The Median Income in Shively is $41,104.
The Home Value To Income in Shively is 2.8x.
The Rent To Monthly Income in Shively is 0.22x.
| Statistic | Shively | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $114,800 | $155,100 | $244,900 |
| Median Rent | $755 | $826 | $1,163 |
| Median Income | $41,104 | $55,454 | $69,021 |
| Home Value To Income | 2.8x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Shively, KY Costs By Category
Detailed Shively Services Costs Vs. Kentucky
Detailed Shively Groceries Costs Vs. Kentucky
Detailed Shively Health Costs Vs. Kentucky
Detailed Shively Transportation Costs Vs. Kentucky
Detailed Shively Utilities Costs Vs. Kentucky
Shively SnackAbility
/10
Cost Of Living In Cities Around Shively
The cost of living varies in the cities and towns around Shively. Here's a quick look at the cost of living in the most populous nearby places:
New Albany, IN has a cost of living index of 91, 1.1x Shively.
Georgetown, KY has a cost of living index of 92, 1.1x Shively.
Jeffersontown, KY has a cost of living index of 98, 1.1x Shively.
| City | Population | Cost Of Living | Vs. Shively |
|---|---|---|---|
| New Albany, IN | 37,350 | 91 | 1.1x |
| Georgetown, KY | 36,281 | 92 | 1.1x |
| Jeffersontown, KY | 28,800 | 98 | 1.1x |
| St. Matthews, KY | 17,588 | 100 | 1.2x |
| Lyndon, KY | 11,033 | 99 | 1.2x |
| Middletown, KY | 9,473 | 103 | 1.2x |
| Louisville, MS | 6,108 | 80 | 0.9x |
| Douglass Hills, KY | 5,480 | 107 | 1.2x |
