Cost of Living

The cost of living in the Cincinnati MSA and Northern Kentucky consistently ranks below the national average, particularly in such areas as housing and health care. The composite index for Cincinnati and Northern Kentucky compare favorably as shown in the 2008 first quarter average data.

Cost of Living Index Annual Average for 2008
Category	Northern Kentucky	Cincinnati MSA
U.S. Composite=100	89.5	91.6
Grocery Items	84.5	87.9
Housing	78.3	82.8
Utilities	97.9	104.0
Transportation	101.1	99.1
Health Care	91.6	91.3
Average Cost for 2,500 Sq.Ft. New Home - $212,086
Average Rent for 2 Bedroom, 2 Bath Apartment - $635
(Source: American Chamber of Commerce Researchers Association [ACCRA] Cost of Living Survey, May, 2008)

(Source: American Chamber of Commerce Researchers Association [ACCRA] Cost of Living Survey, 2008 Annual Average Data)

Our Cost of Living Calculator component allows you to compare Northern Kentucky side-by-side in all the categories, such as groceries, housing, utilities, transportation, health care and miscellaneous expenses.