Cost of living in Georgetown
Georgetown, KY, offers a unique blend of small-town charm and modern amenities, making it an attractive place to live. Understanding the cost of living here is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses in Georgetown, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $8 and $16.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65, with prices ranging from $45 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.5, with a range between $8 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.25 to $6, imported beer $5 to $8, cappuccino $3 to $6.5, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.66 and $0.98 per liter, averaging $0.81.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.47 and $3.42, with an average price of $2.81.
- Eggs (Dozen) - A dozen eggs range from $1.59 to $5, averaging $2.46.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $5.51 per kg, while oranges range from $2.2 to $10.1 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $3.28 per kg, and lettuce costs $1.5 to $3.09 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.94 per liter.
- Taxi Fares - Taxi fares start at $5, with additional costs per km and waiting time not specified.
Housing Costs
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1600.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $125 and $548.96, averaging $205.56.
- Internet - Internet services range from $55 to $90, with an average cost of $67.17.
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"
Georgetown, KY, offers a relatively affordable cost of living compared to larger cities. Dining out is reasonably priced, and grocery costs are moderate.
Housing costs, particularly for larger apartments, are competitive, making it an attractive option for families.
Transportation costs are manageable, with gasoline prices being relatively low.
Conclusion
In conclusion, Georgetown, KY, presents a balanced cost of living that appeals to both individuals and families. The city combines affordability with a high quality of life, making it a desirable place to settle.
Whether you're considering a move for work, family, or lifestyle, understanding these costs will help you make an informed decision about living in Georgetown.