Louisville

Louisville, Kentucky is a mid-size city with a population of approximately 622,981. The overall cost of living index sits at 94, which is below the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 6% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Louisville. Median rent is $1,352 per month, while the median home price is $259,139. At a median household income of $64,731, rent consumes roughly 25% of gross income, which remains manageable relative to local incomes. The housing sub-index of 84 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Louisville with a sub-index of 96, while utilities is comparatively more affordable at 86. State-level taxes also shape the true cost of living: Kentucky applies a 4.00% income tax rate, and property tax averages 0.78% of assessed home value. The combined sales tax rate is 6.00%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Louisville has remained relatively stable. Among the 2 tracked cities in Kentucky, Louisville ranks #1 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Louisville actually costs.