Cost Of Living in Middlesborough, KY

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Middlesborough	Kentucky	National
Cost of living	78	90	100
Goods & Services	93	101	100
Groceries	95	101	100
Health care	88	84	100
Housing	45	70	100
Transportation	82	92	100
Utilities	99	104	100

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Cost Of Living Quick Facts

The cost of living in Middlesborough is 14% lower than the Kentucky average
The cost of living in Middlesborough is 22% lower than the national average
Middlesborough housing is 55% lower than the national average
Kentucky general sales tax is 18% higher than the national average
Kentucky state income tax is 73% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$39,345	$3,279	$918	$1,180
Renters	$17,720	$1,477	$413	$532

To approximate the cost of living and the housing affordability in Middlesborough, KY, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Middlesborough have a median income of $39,345. Therefore, the amount that a consumer should spend on housing costs should be no more than $918 per month to avoid calamity and poverty. The renters in the city have an income of about $17,720, which would make their monthly maximum allowable rental costs $413.

Kentucky Sales Tax

State	General Sales Tax	With Max Surtax
Kentucky	6%	6%

Kentucky Income Tax

State	Income Tax (Low)	Income Tax (High)
Kentucky	4.5%	4.5%

Goods & Services

Item	Middlesborough	National avg.	Difference
Haircut	$23.91	$24.26	1.4%
Beauty Salon	$45.13	$45.56	0.9%
Toothpaste	$3.58	$3.70	3.4%
Shampoo	$1.19	$1.28	7.3%
Movie	$14.09	$12.13	16.1%
Bowling	$19.33	$18.00	7.4%

Groceries

Item	Middlesborough	National avg.	Difference
Ground Beef	$6.20	$5.84	6.1%
Fried Chicken	$1.66	$1.57	5.3%
Milk	$4.67	$4.67	0.0%
Potatoes	$5.02	$4.93	1.7%
Pizza	$11.91	$12.09	1.5%
Beer	$9.97	$10.41	4.2%

Health Care

Item	Middlesborough	National avg.	Difference
Optometrist	$87.33	$125.68	30.5%
Doctor	$108.51	$135.78	20.1%
Dentist	$96.95	$113.29	14.4%
Ibuprofen	$10.49	$10.65	1.5%
Lipitor	$471.32	$468.60	0.6%

Housing

Item	Middlesborough	National avg.	Difference
Home Price	$72,400.00	$184,700.00	60.8%
Avg. Mortgage Payment	$1,808.85	$2,346.69	22.9%
Apartment Rent	$548.00	$949.00	42.3%

Transportation

Item	Middlesborough	National avg.	Difference
Gasoline	$3.08	$3.46	10.9%
Tire Balancing	$51.47	$59.92	14.1%

Utilities

Item	Middlesborough	National avg.	Difference
All Electricity	$161.17	$193.99	16.9%
Phone	$192.18	$192.25	0.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Arjay, KY	265	92	7.5%
Pathfork, KY	266	70	30.2%
Coldiron, KY	415	77	23.2%
Pineville, KY	1,902	79	20.8%
New Tazewell, TN	2,707	83	16.6%
Middlesborough, KY	9,242	78	21.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Country Club, CA	9,242	120	20.2%
Fultondale, AL	9,247	96	4.4%
Westwood, MI	9,247	90	10.0%
Sangaree, SC	9,249	100	0.1%
Versailles, KY	9,251	97	3.4%
Middlesborough, KY	9,242	78	21.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Middlesborough, KY