Cost of Living in Wallins Creek, Kentucky

Cost of Living in Wallins Creek, Kentucky

Wallins Creek is a Census-designated place in Harlan County, Kentucky, with a population of 411. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Wallins Creek is $33,109 a year — about the same as the annual cost of living for Kentucky of $32,557 yet less than the national figure of $38,433.

Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Wallins Creek and over 29,000 other cities and towns in the US.

Transportation Costs in Wallins Creek, Kentucky

Transportation can also be a significant component of cost of living. In Wallins Creek, 100.00% of commuters drive to work, compared to 85.5% of commuters nationwide. An estimated 100.00% of workers commute to jobs outside of Wallins Creek, a larger share than the 43.7% share of commuters nationwide who live and work in different cities. The average commute in Wallins Creek is 26.7 minutes long, compared to the 26.6-minute average commute nationwide. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Wallins Creek spends $10,872 a year on transportation, more than the national average of $9,760.

Health Care Costs in Wallins Creek, Kentucky

Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are closely in line with the national average in Wallins Creek but well above what they are across Kentucky as a whole.

For a single adult living in the area, average health care costs come out to $4,334 per year, compared to an average of $3,679 across Kentucky and $4,266 nationwide.

Child care Costs in Wallins Creek, Kentucky

For families with children, child care adds thousands of dollars to overall annual spending. In Wallins Creek, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $9,926, about $3,100 less than the comparable average of $12,978 across all of Kentucky. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year.

Food Costs in Wallins Creek, Kentucky

Food is another every day expense that has a significant impact on overall cost of living. Data from the U.S. Department of Agriculture shows that the cost of food varies from city to city and town to town.

In Wallins Creek, a single adult spends an average of $2,807 on food annually, and a family of four spends $8,105 on average. For context, average annual food expenditure across Kentucky and the U.S., respectively, are $2,932 and $3,240 for a single adult, and $8,467 and $9,354 for a family of four. These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation.

Taxes in Wallins Creek, Kentucky

Few expenses vary as much from city to city and town to town as taxes. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Wallins Creek, Kentucky pays $5,846 annually — closely in line with the statewide average of $5,723.

It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Accounting for these taxes, while excluding taxes levied at the federal level, Wallins Creek residents live in a state with a low average tax burden. Per capita state tax collections in Kentucky total $2,699 per year, compared to the $3,151 average across all states.

Methodology

To estimate the cost of housing, food, transportation, health care, child care, taxes, and other necessities, 24/7 Wall St. assigned county-level Economic Policy Institute data to cities, towns, villages and Census-designated places based on boundary definitions from the U.S. Census Bureau. For places that span multiple counties, data was aggregated based on the percentage of boundary overlap.


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