Cost of living in Edgewood
Edgewood, located in Kentucky, United States, offers a unique blend of suburban charm and accessibility to urban amenities. Understanding the cost of living in Edgewood is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $44 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8, with a range between $8 and $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $9, imported beer $5 to $12, cappuccino $2 to $7, and Coke/Pepsi $1.5 to $5.42.
Grocery Prices
- Milk - Milk is priced between $0.42 and $0.97 per liter, averaging $0.54.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $4.96, with an average price of $2.63.
- Eggs (Dozen) - A dozen eggs range from $1.59 to $4.49, averaging $2.77.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.3 to $8.8 per kg, while oranges range from $1 to $8.8 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $4.41 per kg, and lettuce costs $1 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $1.03 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.24 to $1.71 per km and $25 to $30 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available for Edgewood.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available for Edgewood.
- 3-Bedroom Apartment Rent (City Centre) - Data not available for Edgewood.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not available for Edgewood.
- Buying Price per Square Meter (City Centre) - Data not available for Edgewood.
- Buying Price per Square Meter (Outside Centre) - Data not available for Edgewood.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $80.64 and $400, averaging $137.92.
- Internet - Internet services range from $45 to $125, with an average cost of $58.54.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Edgewood, KY, offers a relatively affordable cost of living compared to larger urban areas. Dining out is reasonably priced, with a variety of options from casual to mid-range restaurants.
Grocery prices are competitive, with essentials like milk and bread being quite affordable. Transportation costs are moderate, with gasoline prices being relatively low.
While specific housing data is unavailable, utilities and internet costs are in line with national averages, making Edgewood a potentially cost-effective place to live.
Conclusion
In conclusion, Edgewood, KY, presents a balanced cost of living that can appeal to individuals and families seeking a suburban lifestyle with access to urban conveniences.
While housing data is limited, the available information suggests that Edgewood is a cost-effective choice for those looking to manage their expenses without sacrificing quality of life.