Cost of living in Union 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 Union 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 Union is 112, with 100 being the average.
The cost of living index in Union is 1.1x higher than the national average.
Union ranks as the #84 cheapest in Kentucky out of 85.
Union ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Union is $292,000.
The median income in Union is $128,050.
According to the most recent data on the cost of living, Union has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Kentucky, Union has a cost of living index that's 1.2x higher than Kentucky's index of 94.
The standard of living in Union ranks as #84 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Union ranks as the #1 most expensive place in the Bluegrass State.
For more reading on life in Union, check out:
Six factors go into calculating the cost of living index in Union. Here is how it fairs on each of the criteria:
The Services index in Union is 101.
The Groceries index in Union is 96.
The Health index in Union is 101.
The Housing index in Union is 140.
The Transportation index in Union is 105.
The Utilities index in Union is 89.
Living Expense | Union | Kentucky | National Average | |
---|---|---|---|---|
Overall | 112 | 94 | 100 | |
Services | 101 | 105 | 100 | |
Groceries | 96 | 97 | 100 | |
Health | 101 | 79 | 100 | |
Housing | 140 | 75 | 100 | |
Transportation | 105 | 102 | 100 | |
Utilities | 89 | 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 Union is $292,000.
The Median Rent in Union is $1,568.
The Median Income in Union is $128,050.
The Home Value To Income in Union is 2.3x.
The Rent To Monthly Income in Union is 0.15x.
Statistic | Union | Kentucky | United States |
---|---|---|---|
Median Home Value | $292,000 | $155,100 | $244,900 |
Median Rent | $1,568 | $826 | $1,163 |
Median Income | $128,050 | $55,454 | $69,021 |
Home Value To Income | 2.3x | 2.8x | 3.5x |
Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Union. Here's a quick look at the cost of living in the most populous nearby places:
Kettering, OH has a cost of living index of 88, 0.8x Union.
Oxford, OH has a cost of living index of 88, 0.8x Union.
Vandalia, OH has a cost of living index of 92, 0.8x Union.
City | Population | Cost Of Living | Vs. Union |
---|---|---|---|
Kettering, OH | 57,503 | 88 | 0.8x |
Oxford, OH | 22,783 | 88 | 0.8x |
Vandalia, OH | 15,155 | 92 | 0.8x |
Clayton, OH | 13,246 | 93 | 0.8x |
Greenville, OH | 12,785 | 77 | 0.7x |
Celina, OH | 10,890 | 87 | 0.8x |
Wapakoneta, OH | 9,921 | 86 | 0.8x |
St. Marys, OH | 8,311 | 88 | 0.8x |
Union, OH | 6,832 | 89 | 0.8x |
Brookville, OH | 5,970 | 88 | 0.8x |