Cost Of Living in Russell, KY

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Russell	Kentucky	National
Cost of living	94	90	100
Goods & Services	95	101	100
Groceries	100	101	100
Health care	101	84	100
Housing	89	70	100
Transportation	94	92	100
Utilities	98	104	100

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Cost Of Living Quick Facts

The cost of living in Russell is 4% higher than the Kentucky average
The cost of living in Russell is 6% lower than the national average
Russell housing is 11% lower than the national average
Kentucky general sales tax is 18% higher than the national average
Kentucky state income tax is 73% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$67,474	$5,623	$1,574	$2,024
Renters	$0	$0	$0	$0

Kentucky Sales Tax

State	General Sales Tax	With Max Surtax
Kentucky	6%	6%

Kentucky Income Tax

State	Income Tax (Low)	Income Tax (High)
Kentucky	4.5%	4.5%

Goods & Services

Item	Russell	National avg.	Difference
Haircut	$18.78	$24.26	22.6%
Beauty Salon	$46.22	$45.56	1.4%
Toothpaste	$3.56	$3.70	3.8%
Shampoo	$1.18	$1.28	8.1%
Movie	$12.41	$12.13	2.3%
Bowling	$13.67	$18.00	24.1%

Groceries

Item	Russell	National avg.	Difference
Ground Beef	$5.57	$5.84	4.5%
Fried Chicken	$1.35	$1.57	14.0%
Milk	$4.83	$4.67	3.4%
Potatoes	$5.16	$4.93	4.6%
Pizza	$11.31	$12.09	6.4%
Beer	$10.19	$10.41	2.1%

Health Care

Item	Russell	National avg.	Difference
Optometrist	$172.33	$125.68	37.1%
Doctor	$158.83	$135.78	17.0%
Dentist	$107.83	$113.29	4.8%
Ibuprofen	$10.49	$10.65	1.5%
Lipitor	$355.05	$468.60	24.2%

Housing

Item	Russell	National avg.	Difference
Home Price	$167,700.00	$184,700.00	9.2%
Avg. Mortgage Payment	$1,346.93	$2,346.69	42.6%
Apartment Rent	$804.00	$949.00	15.3%

Transportation

Item	Russell	National avg.	Difference
Gasoline	$3.36	$3.46	3.0%
Tire Balancing	$52.00	$59.92	13.2%

Utilities

Item	Russell	National avg.	Difference
All Electricity	$189.47	$193.99	2.3%
Phone	$186.09	$192.25	3.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Catlettsburg, KY	1,834	80	20.3%
Kenova, WV	3,011	80	19.6%
South Shore, KY	1,287	81	19.5%
Lavalette, WV	1,256	81	19.2%
Wurtland, KY	1,452	82	17.9%
Russell, KY	3,257	94	5.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Somerville, TN	3,257	88	12.4%
Thompson-Nicola L (Grasslands), BC	3,257	n/a
El Verano, CA	3,256	173	73.0%
Attica, IN	3,256	88	12.4%
Berwyn Heights, MD	3,256	138	37.5%
Russell, KY	3,257	94	5.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Russell, KY