Corbin, KY Cost Of Living

Demographics | Crime | Cost Of Living | Photos
Updated: 2020-03-08
77
Corbin's Overall Cost Of Living
0.8x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Corbin is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Corbin, KY?

According to the most recent data on the cost of living, Corbin has an overall cost of living index of 77 which is 0.8x lower than the national index of 100.

Compared to only Kentucky, Corbin has a cost of living index that's 0.9x lower than Kentucky's index of 89.

The standard of living in Corbin ranks as #82 most affordable out of the 6522 places we measured in Kentucky. By definition, that implies Corbin ranks as the #6324 most expensive place in the Bluegrass State.

For more reading on life in Corbin, check out:

Corbin Cost Of Living Vs. Kentucky

Living Expense Corbin Kentucky National Average
Overall 77 89 100
Services 85 100 100
Groceries 89 91 100
Health 92 90 100
Housing 52 70 100
Transportation 83 99 100
Utilities 93 98 100
For more reading on cost of living around Kentucky, check out:
Corbin Cost of Living Vs. KY

Corbin, KY Housing Cost Breakdown

Housing swings affordability the most between places in Kentucky, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$102,500
Median Home Value
$574
Median Rent
$31,908
Median Income
Statistic Corbin Kentucky United States
Median Home Value $102,500 $135,300 $204,900
Median Rent $574 $741 $1,023
Median Income $31,908 $48,392 $60,293
Home Value To Income 3.2x 2.8x 3.4x
Rent To Monthly Income 0.22x 0.18x 0.2x

Corbin SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
4
Affordability
6
Diversity
3
Safety
6
Amenities
8
Education
6
Commute
9.5

Cost Of Living In Cities Around Corbin

City Population Cost Of Living Vs. Corbin
Berea, KY 15,188 89 1.2x
Somerset, KY 11,376 85 1.1x
Middlesborough, KY 9,583 79 1.0x
London, KY 8,020 87 1.1x
La Follette, TN 6,911 73 0.9x
Monticello, KY 6,088 75 1.0x
Williamsburg, KY 5,269 76 1.0x

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