Cost of living in Owensboro
Owensboro, located in Kentucky, offers a unique blend of small-town charm and urban amenities. Understanding the cost of living in Owensboro is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
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 $12 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $50 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $10 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $6, imported beer $5 to $8, cappuccino $3 to $6.5, and Coke/Pepsi $1 to $3.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.32 per liter, averaging $0.8.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $3.42, with an average price of $2.91.
- 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 $9.35 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $3.28 per kg, and lettuce costs $1.69 to $3.09 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1, with a monthly pass priced at $30.
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.92 per liter.
- Taxi Fares - Taxi fares start at $5.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $605 to $800, averaging $702.5.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1027.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $120 and $548.96, averaging $170.
- Internet - Internet services range from $58 to $90, with an average cost of $60.
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.
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"Key Takeaways"
Owensboro offers a relatively affordable cost of living compared to larger cities, with reasonable housing and dining costs.
Transportation is economical, especially with low gasoline prices and affordable public transport options.
Residents can enjoy a variety of dining experiences without breaking the bank, and grocery prices remain competitive.
Conclusion
In conclusion, Owensboro, KY, presents a balanced cost of living that appeals to both individuals and families.
With affordable housing, diverse dining options, and economical transportation, Owensboro is an attractive option for those seeking a cost-effective lifestyle.