Kentucky
Wage: $51,490 ($24.76/hr)
Home Price: $193,879
Rent: $1,234/mo
Overview
Overview of Kentucky
Homes in Kentucky are very affordable, averaging $193,879, and a dollar goes further than in many states ($112.60 value). Property crime rates in Kentucky are moderate at 14.49 incidents per 1,000 people.
Curious what your salary would look like after taxes in Kentucky? Try our free tax calculators.
Compared to the national average, Kentucky the difference in median home prices is -44.26% – positive being higher than the national average, negative being lower. The difference in the value of $100 is 9.00% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is -22.81% and property crime is -23.40%.
Counties
Jefferson, Fayette, Kenton
Zip Codes
40202, 41003, 40502
Popular Metro Area
Louisville-Jefferson County
Most Populated City
Louisville
Median Home Price
$193,879
Value of $100
$112.6
Average Monthly Rent
$1,234
Property Crime Per 1000
14.49
Cost of Living
Cost of Living in Kentucky
The average monthly cost of living expenses in Kentucky including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$465
Energy Bill
$124.67
Monthly Water Bill
$49
Monthly Internet
$35
Natural Gas (Utilities)
$94
Monthly Phone Bill
$114
Streaming Services
$48.00
Tired of High Taxes & Living Costs?
We’ll find your perfect location where you can save $1,000 or more on living expenses and taxes. Answer a few questions & get expert insights in as little as 24 hours
Crime
Crime in Kentucky
Typical crime rates in Kentucky including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
4,505,836
Crime Rate Per 100k Residents
3818.10
Violent Crime Per 100k Residents
259.09
Non-Violent Crime Per 100k Residents
3559.014
Jobs
Jobs in Kentucky
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
0.92
Unemployment Rate (%)
4.34
Job Openings Level
117,000
Annual Average Wage
$51,490
Hourly Average Wage
$24.76
Labor Force Participation (%)
56.9
Taxes
Taxes in Kentucky
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
6%
Average Local Sales Tax
0%
Combined Sales Tax Rate
6%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.
