Cost of living in Hazard
Hazard, located in the heart of Kentucky, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Hazard is crucial for both current residents and those considering a move to this picturesque city.
In this guide, we break down the various expenses associated with living in Hazard, from dining and groceries to transportation and housing, providing a comprehensive overview of what to expect in 2024.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $23.5 on average, with a range between $20 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $75 to $237.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $13.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $6 to $10, imported beer $5 to $12, cappuccino $4 to $8, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.64 and $1.58 per liter, averaging $0.9.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.3 and $6.61, with an average price of $4.32.
- Eggs (Dozen) - A dozen eggs range from $1.78 to $5, averaging $3.03.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.8 to $8.8 per kg, while oranges range from $2.2 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $5.51 per kg, and lettuce costs $1.38 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $0.92 per liter.
- Taxi Fares - Taxi fares start at $4, with a cost of $3.11 per km and $50 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $33,354 and $35,000, while a Toyota Corolla ranges from $23,156 to $25,386.41.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is not specified in the data provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the city centre is not specified in the data provided.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is not specified in the data provided.
- Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the city centre is not specified in the data provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $120 and $350, averaging $215.33.
- Internet - Internet services range from $80 to $110, with an average cost of $94.14.
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"
Hazard, KY, presents a moderate cost of living with dining and grocery prices reflecting typical small-town America. While housing data is limited, utility costs are reasonable.
Transportation costs are manageable, with gasoline prices being relatively low. Dining out can vary significantly, offering options for both budget-friendly and upscale experiences.
Conclusion
In conclusion, Hazard, KY, offers a balanced cost of living that caters to a variety of lifestyles. While some costs, such as dining, can be on the higher side, other expenses like utilities and transportation remain affordable.
Potential residents should consider their personal needs and lifestyle preferences when evaluating the cost of living in Hazard. Overall, it provides a welcoming environment with a mix of affordability and quality of life.