Wilmore, KY Cost Of Living
Cost Of Living In Wilmore, KY Summary
Cost of living in Wilmore 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 Wilmore 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 Wilmore is 91, with 100 being the average.
The cost of living index in Wilmore is 0.9x lower than the national average.
Wilmore ranks as the #44 cheapest in Kentucky out of 85.
Wilmore ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Wilmore is $175,600.
The median income in Wilmore is $54,423.
Table Of Contents
Wilmore's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wilmore, KY?
According to the most recent data on the cost of living, Wilmore has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Wilmore has a cost of living index that's 1.0x lower than Kentucky's index of 94.
The standard of living in Wilmore ranks as #44 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Wilmore ranks as the #41 most expensive place in the Bluegrass State.
For more reading on life in Wilmore, check out:
- Living In Wilmore
- Wilmore Crime Report
- Search Homes For Sale In Wilmore, KY
In Kentucky
In America
Wilmore Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Wilmore. Here is how it fairs on each of the criteria:
The Services index in Wilmore is 103.
The Groceries index in Wilmore is 90.
The Health index in Wilmore is 83.
The Housing index in Wilmore is 81.
The Transportation index in Wilmore is 91.
The Utilities index in Wilmore is 100.
| Living Expense | Wilmore | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 91 | 94 | 100 | |
| Services | 103 | 105 | 100 | |
| Groceries | 90 | 97 | 100 | |
| Health | 83 | 79 | 100 | |
| Housing | 81 | 75 | 100 | |
| Transportation | 91 | 102 | 100 | |
| Utilities | 100 | 106 | 100 | |
Wilmore, 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 Wilmore is $175,600.
The Median Rent in Wilmore is $839.
The Median Income in Wilmore is $54,423.
The Home Value To Income in Wilmore is 3.2x.
The Rent To Monthly Income in Wilmore is 0.18x.
| Statistic | Wilmore | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $175,600 | $155,100 | $244,900 |
| Median Rent | $839 | $826 | $1,163 |
| Median Income | $54,423 | $55,454 | $69,021 |
| Home Value To Income | 3.2x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Wilmore, KY Costs By Category
Detailed Wilmore Services Costs Vs. Kentucky
Detailed Wilmore Groceries Costs Vs. Kentucky
Detailed Wilmore Health Costs Vs. Kentucky
Detailed Wilmore Transportation Costs Vs. Kentucky
Detailed Wilmore Utilities Costs Vs. Kentucky
Wilmore SnackAbility
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Cost Of Living In Cities Around Wilmore
The cost of living varies in the cities and towns around Wilmore. Here's a quick look at the cost of living in the most populous nearby places:
Nicholasville, KY has a cost of living index of 92, 1.0x Wilmore.
Danville, KY has a cost of living index of 92, 1.0x Wilmore.
Lawrenceburg, KY has a cost of living index of 89, 1.0x Wilmore.
| City | Population | Cost Of Living | Vs. Wilmore |
|---|---|---|---|
| Nicholasville, KY | 31,066 | 92 | 1.0x |
| Danville, KY | 17,164 | 92 | 1.0x |
| Lawrenceburg, KY | 11,675 | 89 | 1.0x |
| Versailles, KY | 10,196 | 91 | 1.0x |
| Harrodsburg, KY | 8,952 | 83 | 0.9x |
