Cost of Living

The Louisville and Southern Indiana area cost of living compares favorably to other Midwest U.S. cities with a cost of living rank of 87.4 on a scale of 100. This metro area cost index is lower than that of the metro areas of Chicago, Illinois (116.9), Cleveland, Ohio (101.1) and comparable metro Davenport-Moline-Rock Island, IA-IL (99.4).  Source:  Cost of Living Index produced by the Council for Community and Economic Research

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Cost of Living Index for Louisville Jefferson County, KY - IN Metro - New Albany, Clark, Floyd County, IN
Groceries 90.8
Transportation 87.7
Utilities 73.8
Housing 84.7

 

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