Cost of Living in Louisville, KY
Louisville has a cost of living index of 89 (100 = national average), making it more affordable than the national average. The median household income is $52,237 and the median home price is $235,000.
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Louisville at a Glance
Population
628,594
Cost of Living Index
89
Median Income
$52,237
Median Home Price
$235,000
Property Tax Rate
0.83%
Sales Tax Rate
6.00%
Rent Index
80
State
Kentucky
Living in Louisville
Louisville offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $235,000 is well within reach for many families.
The combined sales tax rate in Louisville is 6.00%, and the effective property tax rate is 0.83%. Property taxes are close to the national average.