Zip 40203 (Louisville, KY) Cost of Living


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Louisville cost of living score
89.8
Less expensive
10.2% lower
than the US average
9.1% higher
than the Kentucky average
Louisville (zip 40203), 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.

Zip 40203 (Louisville, KY)

Housing costs in Louisville?
A typical home costs $132,900, which is 60.7% less expensive than the national average of $338,100 and 31.6% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Louisville costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 2.2% cheaper than the state average of $920.

Can I afford Louisville?
To live comfortably in Louisville (zip 40203), Kentucky, a minimum annual income of $25,560 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Louisville?
The cost of living in 40203 Louisville, KY is relatively low. According to BestPlaces, the cost of living index there is 72.96, which is significantly lower than the national average of 100. Housing costs are also quite affordable, with the median home price in 40203 being $158,400. Additionally, groceries and utilities are cheaper than the national averages by a considerable margin. All these factors combined make 40203 an ideal place for those looking to settle down and enjoy an affordable lifestyle.
   Cost of living score
     CategoriesLouisvilleKentuckyUnited States
  89.882.3100.0
  92.794.2100
  94.8102.2100.0
  45.756.9100.0
  $132,900$194,300$338,100
  93.0%92.9%100.0%
  109.689.1100.0
  91.277.5100.0

   100=National Average

   Average Rent by Bedroom Size
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