St. Matthews, KY Cost of Living


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St. Matthews cost of living score
89.8
Less expensive
10.2% lower
than the US average
9.1% higher
than the Kentucky average
St. Matthews, Kentucky gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 9.1% lower than the average for Kentucky.

St. Matthews, KY

Housing costs in St. Matthews?
A typical home costs $294,900, which is 12.8% less expensive than the national average of $338,100 and 51.8% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in St. Matthews costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 28.7% more than the state average of $920.

Can I afford St. Matthews?
To live comfortably in St. Matthews, Kentucky, a minimum annual income of $56,520 for a family, and $42,800 for a single person is recommended.

What does A.I. say about St. Matthews?
The cost of living in St. Matthews, KY is generally quite affordable. The overall cost of living index is 8% lower than the national average, making it an attractive place to live for those looking to save money. Groceries and healthcare are both more affordable than the U.S. average, while utility costs are slightly higher. The median home value in the area is also relatively low compared to other cities and towns in Kentucky, meaning that homeowners can get a lot of bang for their buck when it comes to investing in property. Renters will also find that rental rates remain fairly reasonable in St. Matthews, making it a great choice for those looking for a more wallet-friendly option when compared to larger cities nearby.
   Cost of living score
     CategoriesSt. MatthewsKentuckyUnited States
  89.882.3100.0
  102.294.2100
  94.8102.2100.0
  116.156.9100.0
  $294,900$194,300$338,100
  92.0%92.9%100.0%
  95.889.1100.0
  90.477.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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