Cost of Living in Louisville/Jefferson County, Kentucky
In Louisville/Jefferson County, the median household income is $66,849 and the median gross rent is $1,120/mo, with a median home value of $233,900. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $66,849
- Median gross rent
- $1,120/mo
- Median home value
- $233,900
- Population
- 631,818
How Louisville/Jefferson County compares to the Kentucky average
| Measure | Louisville/Jefferson County, KY | Kentucky statewide | Difference |
|---|---|---|---|
| Median household income | $66,849 | $63,726 | +4.9% |
| Median gross rent (monthly) | $1,120 | $967 | +15.8% |
| Median home value | $233,900 | $205,600 | +13.8% |
Statewide, Kentucky prices average 90.2 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Louisville/Jefferson County
- Salary needed for median rent
- $44,800
- Rent burden at median income
- 20.1%
- Est. affordable home price
- $243,861
So that $1,120/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Louisville/Jefferson County is $233,900 — within what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Kentucky cities
Compare Louisville/Jefferson County with other cities
- vs. Austin, TX
- vs. Baltimore, MD
- vs. Boston, MA
- vs. Charlotte, NC
- vs. Chicago, IL
- vs. Columbus, OH
- vs. Dallas, TX
- vs. Denver, CO
- vs. Detroit, MI
- vs. El Paso, TX
- vs. Fort Worth, TX
- vs. Houston, TX
- vs. Indianapolis, IN
- vs. Jacksonville, FL
- vs. Las Vegas, NV
- vs. Los Angeles, CA
- vs. Memphis, TN
- vs. Nashville-Davidson, TN
- vs. New York, NY
- vs. Oklahoma City, OK
- vs. Philadelphia, PA
- vs. Phoenix, AZ
- vs. Portland, OR
- vs. San Antonio, TX
- vs. San Diego, CA
- vs. San Francisco, CA
- vs. San Jose, CA
- vs. Seattle, WA
- vs. Washington, DC
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.