Cost of Living in Paducah, KY
| Cost of Living in Paducah, KY | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 2% higher | 20% lower |
| Utilities (Monthly) | 15% higher | 12% higher |
| Food | 1% lower | 6% lower |
| Healthcare | 10% lower | 14% lower |
| Transportation | 13% lower | 10% lower |
| Goods & Services | 3% lower | 6% lower |
The cost of living in Paducah, KY is 1% lower than the state average and 9% lower than the national average. Paducah, KY housing is 20% cheaper than the U.S average, while utilities are about 12% pricier. When it comes to basic necessities such as food and clothing, groceries are around 6% cheaper in Paducah, KY than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 14% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Paducah, KY.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Paducah is $1,065, while home prices circle around $475,766.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Paducah, energy bills cost around $277.15 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.64 in Paducah, a dozen eggs go for around $5.04 and a pound of potatoes circles around $4.59.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Paducah, an optometry check-up costs around $77.31, while a dentist appointment is priced $112.52 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.97 in Paducah, while getting your tires balanced will run you about $46.30.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $55.29 here. Meanwhile, a pair of women's slacks will set you back around $36.99.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Paducah, you should budget around $11.78 a month. When it comes to personal services, a haircut usually goes for $23.81, while dry cleaning costs about $20.18.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Paducah, the median household income is $51,243.