Cost of Living in Riverwood, KY

With a cost of living index of 123, Riverwood, KY is a notably expensive place to live. Living here is 23% more expensive than the national average and 45% above the Kentucky state average of 78. Riverwood is a small community of 525 residents.

The median household income in Riverwood is $250,001, which is 233% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Louisville/Jefferson County, KY-IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.