Cost of Living in Spring Mill, KY
Population: 363 | Kentucky
Spring Mill is 4% less expensive than the national average.
Cost of Living in Spring Mill, KY: What You Need to Know
With a cost of living index of 96, Spring Mill, KY is slightly more affordable than average. Living here is 4% cheaper than the national average and 17% above the Kentucky state average of 78. Spring Mill is a small community of 363 residents.
The median household income in Spring Mill is $123,750, which is 65% higher than the national median of $75,149.
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.
Income
- Median Household Income
- $123,750
- vs US Median ($75,149)
- +65%
Housing
- Median Home Value
- $281,900
- Median Monthly Housing Cost
- $1,780/mo
Everyday Prices in Spring Mill
BLS Average Prices for the Louisville/Jefferson County, KY-IN (Metropolitan Statistical Area) area