The cost of living in the Southern Indiana/Louisville metro
market was ranked 174 out of 354 metro areas by Places Rated Alamac. The
Southern Indiana portion of the MSA experiences an even lower cost of living as
housing costs and other overall costs are less.
The Places Rated Almanac lists the following cost for the
area.
Louisville, KY-IN*
|
Typical Household Income
|
$72,600
|
|
State and Local Taxes
|
|
|
Income
|
$3,294
|
|
Sales
|
$883
|
|
Housing Costs
|
|
|
Price
|
$116,300
|
|
Utilities
|
$2,860
|
|
Property Taxes
|
$1,330
|
|
Rent
|
$510
|
|
Other Costs
|
|
|
Food
|
$7,743
|
|
Health Care
|
$2,744
|
|
Transportation
|
$11,764
|
|
Recreation
|
$3,572
|
|
Rank (out of 354 metro areas)
|
174
|
Source: Places Rated Almanac, Special Millennium Edition
* includes Clark County (IN); Floyd County (IN);
Harrison County (IN); Scott County (IN); Bullitt County (KY); Jefferson County
(KY); Oldham County (KY)
Effective Buying Income
The Effective Buying Income (EBI) is defined as money income
less personal tax and non-tax payments. EBI is often referred to as "disposable"
or "after tax" income.
|
|
Clark County
|
Floyd County
|
|
Per Capital Income |
$36,888
|
$31,208
|
|
Average Local Household Income |
|
|
|
Borden
|
$54,828
|
|
|
Charlestown
|
$41,257
|
|
|
Clarksville
|
$52,153
|
|
|
Henryville |
$56,812 |
|
|
Jeffersonville |
$53,010 |
|
|
Sellersburg |
$51,568 |
|
|
Georgetown |
|
$79,388 |
|
Greenville |
|
$65,619 |
| New
Albany |
|
$47,862 |