Louisville cost of living is 88.4
| COST OF LIVING | Louisville | Kentucky |
|---|---|---|
| Grocery | 97 | 94.2 |
| Health | 86 | 93.9 |
| Housing | 69.6 | 63.3 |
| Median Home Cost | $206,900 | $165,900 |
Is Louisville expensive to live in?
Louisville’s housing expenses are 18% lower than the national average and the utility prices are 3% higher than the national average. Transportation expenses like bus fares and gas prices are 11% higher than the national average. Louisville has grocery prices that are 6% lower than the national average.
What salary do you need to live in Louisville?
In Louisville, the same family structure — two kids and two adults — would need at least $60,700 in order to live a “secure, yet modest living,” according to the report. The study takes into account costs associated with housing, food, child care, transportation, health care, taxes and other necessities.
Is Louisville cheap to live?
According to data from several sources including BestPlaces.net, Louisville’s cost of living is lower than the average cost of living of Kentucky and the United States. Within this report, the median home cost of the United States is $291,700, while the median home cost of Louisville is listed as $206,900.
Is Louisville KY affordable?
Louisville makes Forbes’ list of Most Affordable Cities. National website says Louisville is tops for affordable vacations.
What is a good salary in Louisville Ky?
Average Salary in Louisville, KY
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $94,471 | $45 |
| 75th Percentile | $70,853 | $34 |
| Average | $63,340 | $30 |
| 25th Percentile | $46,763 | $22 |
How cold does Louisville Kentucky get?
Over the course of the year, the temperature typically varies from 28°F to 88°F and is rarely below 12°F or above 94°F.
What is middle class in Louisville Ky?
As of Jul 26, 2022, the average annual pay for the Lower Middle Class jobs category in Louisville is $51,950 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.98 an hour.
What is a livable wage in Kentucky?
Living Wage Calculation for Kentucky
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.46 | $34.49 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $7.25 | $7.25 |
What is minimum wage in Louisville Kentucky?
The minimum wage would go from $7.25 to $10 dollars in 2022, and gradually rise to $15 by 2026. The lawmakers say the increase is needed even though wages are already rising because of the labor shortage.
Why are people moving to Louisville?
“The cost of living is so low here, the quality of life is really high. We have space to do things, we have parks, we have yards and we have great hospitality here,” said Weber. The trends are backed up by data from Redfin.com. Between July and September, Louisville’s net flow has increased by 113% from last year.
What should I know before moving to Louisville Ky?
If you are considering making the move to Louisville, you will quickly discover how much there is to offer here!
- Great Food in Louisville KY.
- Must Visit Louisville Parks.
- Local Live Entertainment in Louisville.
- Louisville is Known for its Bourbon!
- Louisville’s Weather is kinda…
- Louisville is known for College Basketball.
Is Louisville safe?
Louisville rates a 6 on the crime index, with 100 being the safest. The absolute highest crime ratings occur in the western side of the city. There are over 2.289 violent crimes annually, 15,997 property crimes and a total of 18, 286 “reported” crimes in general.
What part of Louisville is safest?
If you’re looking for safe, affordable Louisville neighborhoods, here are five great options to consider!
- Bonnycastle.
- Crescent Hill.
- Deer Park.
- The Highlands.
- Old Louisville.
Is Louisville a great place to live?
Living in Louisville offers residents a dense suburban feel and most residents own their homes. In Louisville there are a lot of restaurants and parks. Many families and young professionals live in Louisville and residents tend to have moderate political views. The public schools in Louisville are above average.
What areas of Louisville are nice?
Check out these five best neighborhoods in Louisville for raising a family!
- Bonnycastle.
- Butchertown.
- Crescent Hill.
- Highlands Douglass.
- Old Louisville.
What is the weekly living wage?
The London Living Wage is currently £11.05 per hour. This covers all boroughs in Greater London. The UK Living Wage for outside of London is currently £9.90 per hour.
What is the poverty level in Louisville Ky?
Louisville currently ranks 7th among its peer cities with 22.4 percent of children under the age of 18 living in poverty. The poverty line in 2015 was $15,930 for a family of two and $20,090 for a family of three. Louisville is in the middle of its peer group according to a natural breaks algorithm.
What is the median household income in Louisville Ky?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 23.0 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $54,929 |
Does Louisville get tornadoes?
Louisville tornado
The first tornado was confirmed Thursday morning and the NWS found it touched down in the Louisville Metro, west of Bardstown Road in the Glenmary subdivision of Fern Creek. Photos from the area show houses with siding ripped off and plenty of roof and tree damage. The NWS says it was an EF1 tornado.
Does Louisville get a lot of snow?
For most winter days, Louisville has little, if any, snow on the ground. Typically, on one or two days a year, the snow covering Louisville gets to five or more inches deep. The snowpack can build up to twenty inches, but that is uncommon.