These Are The 10 Cheapest Places To Live In Kentucky For 2018


We used data and science to determine which places in Kentucky go easy on your wallet.

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A wise sage once said:

“She works hard for the money…”

And these places in Kentucky definitely treat her right.

You see, these are the places in Kentucky where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Bluegrass State, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 74 largest places in Kentucky, we were left with this set of the best value for your money.

Here are the 10 cheapest places to live in Kentucky for 2018:

  1. Monticello (Photos | Homes For Sale)
  2. Williamsburg (Photos | Homes For Sale)
  3. Middlesborough (Photos | Homes For Sale)
  4. Corbin (Photos | Homes For Sale)
  5. Princeton (Photos | Homes For Sale)
  6. Hazard (Photos | Homes For Sale)
  7. Madisonville (Photos | Homes For Sale)
  8. Henderson (Photos | Homes For Sale)
  9. Paducah (Photos | Homes For Sale)
  10. Flatwoods (Photos | Homes For Sale)

So listen up Douglass Hills (the most expensive place in Kentucky) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out the best places to live in Kentucky or the most expensive.

How We Determined The Cheapest Places To Live In The Bluegrass State For 2018

Map Of The Cheapest Places To Live In kentucky
There are basic necessities that you have to buy no matter where in the country you live. Those things include:

  • Housing
  • Food
  • Gas
  • Health Insurance
  • Utilities
  • Transportation

You can then compare the cost of these things in each of the places in Kentucky to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” that normalizes to 100 for an average place in the United States.

So we used that cost of living index in order to rank all of the 74 places in Kentucky that have more than 5,000 people.

And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.

San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.

1. Monticello

Monticello, Kentucky

Population: 6,197
Services: 90
Groceries: 93
Health Care: 87
Housing: 43
Transportation: 93
Utilities: 85
More on Monticello: Homes For Sale | Data

2. Williamsburg

Williamsburg, Kentucky

Source: Public domain

Population: 5,258
Services: 93
Groceries: 84
Health Care: 89
Housing: 47
Transportation: 90
Utilities: 90
More on Williamsburg: Homes For Sale | Data
Williamsburg is a home rule-class city in and the county seat of Whitley County, Kentucky, United States. The population was 5,245 at the 2010 census. The city was founded in 1818 and named after William Whitley. The Cumberland River flows through the city.

3. Middlesborough

Middlesborough, Kentucky

Source: Public domain

Population: 10,235
Services: 100
Groceries: 91
Health Care: 89
Housing: 46
Transportation: 94
Utilities: 98
More on Middlesborough: Homes For Sale | Data
Middlesboro is a home rule-class city in Bell County, Kentucky, United States. The population was 10,334 at the 2010 U.S. census, while its micropolitan area had a population of 69,060.

4. Corbin

Corbin, Kentucky

Source: Public domain

Population: 7,010
Services: 100
Groceries: 91
Health Care: 89
Housing: 54
Transportation: 94
Utilities: 98
More on Corbin: Homes For Sale | Data
Corbin is a home rule-class city in Whitley and Knox counties in the southeastern portion of the U.S. state of Kentucky. The urbanized area around Corbin extends into Laurel County; this area is not incorporated into the city limits due to a state law prohibiting cities from being in more than two counties. However, this area is served by some of the city’s public services. As of the 2010 census, the city population was 7,304, with 21,132 living in the “urban cluster” that includes Corbin and North Corbin.

5. Princeton

Princeton, Kentucky

Population: 6,331
Services: 92
Groceries: 93
Health Care: 92
Housing: 43
Transportation: 92
Utilities: 114
More on Princeton: Homes For Sale | Data
Princeton is a home rule-class city in Caldwell County, Kentucky, in the United States. It is the seat of its county. The population was 6,329 during the 2010 U.S. Census.

6. Hazard

Hazard, Kentucky

Population: 5,117
Services: 100
Groceries: 91
Health Care: 89
Housing: 61
Transportation: 94
Utilities: 98
More on Hazard: Homes For Sale | Data
Hazard is a home rule-class city in and the county seat of Perry County, Kentucky, United States. The population was estimated to be 5,346 in 2014.

7. Madisonville

Madisonville, Kentucky

Population: 19,745
Services: 92
Groceries: 93
Health Care: 92
Housing: 55
Transportation: 92
Utilities: 114
More on Madisonville: Homes For Sale | Data
Madisonville is a home rule-class city in and the county seat of Hopkins County, Kentucky, United States, located along Interstate 69 in the state’s Western Coal Fields region. The population was 19,591 at the 2010 census. Madisonville is a commercial center of the region and is home to Madisonville Community College.

8. Henderson

Henderson, Kentucky

Source: Public domain

Population: 28,728
Services: 92
Groceries: 93
Health Care: 92
Housing: 56
Transportation: 92
Utilities: 114
More on Henderson: Homes For Sale | Data
Henderson is a home rule-class city along the Ohio River in Henderson County in western Kentucky in the United States. The population was 28,757 at the 2010 U.S. census. It is part of the Evansville Metropolitan Area, locally known as the “Kentuckiana” or the “Tri-State Area”.

9. Paducah

Paducah, Kentucky

Population: 25,081
Services: 92
Groceries: 93
Health Care: 92
Housing: 56
Transportation: 92
Utilities: 114
More on Paducah: Homes For Sale | Data
Paducah is a home rule-class city in and the county seat of McCracken County, Kentucky, United States. The largest city in the Jackson Purchase region, it is located at the confluence of the Tennessee and the Ohio Rivers, halfway between St. Louis, Missouri, to the northwest and Nashville, Tennessee, to the southeast. The population was 24,864 in 2015, down from 25,024 during the 2010 U.S. Census. Twenty blocks of the city’s downtown have been designated as a historic district and listed on the National Register of Historic Places.

10. Flatwoods

Flatwoods, Kentucky

Population: 7,465
Services: 96
Groceries: 90
Health Care: 97
Housing: 54
Transportation: 83
Utilities: 96
More on Flatwoods: Homes For Sale | Data
Flatwoods is a home rule-class city in Greenup County, Kentucky, United States. Flatwoods is considered a suburb of nearby Ashland, although Ashland itself is located in neighboring Boyd County. The population of Flatwoods was 7,423 at the 2010 census, making Flatwoods the largest city in Greenup County. Flatwoods is a part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area. As of the 2010 census, the MSA had a population of 287,702.

There You Have It Mr. Or Mrs. Cheapskate

If you’re looking at the cost of living numbers in Kentucky, this is an accurate list of the cheapest places to call home.

Detailed List Of The Cheapest Places In Kentucky

Rank City CheapScore Population Services Groceries Health Care
1 Monticello 8.83 6,197 90 93 87
2 Williamsburg 13.83 5,258 93 84 89
3 Middlesborough 22.0 10,235 100 91 89
4 Corbin 23.5 7,010 100 91 89
5 Princeton 24.5 6,331 92 93 92
6 Hazard 25.67 5,117 100 91 89
7 Madisonville 27.0 19,745 92 93 92
8 Henderson 27.33 28,728 92 93 92
9 Paducah 27.33 25,081 92 93 92
10 Flatwoods 27.5 7,465 96 90 97
11 Ashland 27.5 21,611 96 90 97
12 Owensboro 28.25 57,361 92 93 92
13 Pikeville 30.17 6,864 100 91 89
14 Russellville 31.75 6,979 87 95 94
15 Central City 31.75 5,955 87 95 94
16 Mayfield 32.0 10,048 113 89 91
17 Leitchfield 32.33 6,721 87 95 94
18 Glasgow 32.83 14,026 87 95 94
19 Campbellsville 33.0 10,138 101 96 94
20 Harrodsburg 33.0 8,323 101 96 94
21 Cynthiana 33.67 6,406 101 96 94
22 Lebanon 34.17 5,571 101 96 94
23 Franklin 35.0 8,431 87 95 94
24 Somerset 35.08 11,254 101 96 94
25 Hopkinsville 35.42 31,798 87 95 94
26 Maysville 36.42 9,018 91 96 104
27 Murray 36.5 17,706 113 89 91
28 London 37.0 6,797 101 96 94
29 Paris 37.0 9,298 101 96 94
30 Winchester 37.33 18,314 101 96 94
31 Morehead 37.58 6,898 101 96 94
32 Covington 37.92 40,776 91 96 104
33 Lawrenceburg 37.92 10,711 101 96 94
34 Mount Sterling 37.92 6,915 101 96 94
35 Newport 37.92 15,398 91 96 104
36 Bowling Green 38.33 58,632 87 95 94
37 Berea 38.42 13,651 101 96 94
38 Danville 38.75 16,212 101 96 94
39 Richmond 39.25 31,508 101 96 94
40 Frankfort 39.25 26,745 101 96 94
41 Versailles 39.58 8,678 101 96 94
42 Dayton 39.92 5,364 93 93 95
43 Oak Grove 39.92 7,427 102 94 86
44 Nicholasville 40.33 27,865 101 96 94
45 Elsmere 40.33 8,430 91 96 104
46 Erlanger 40.83 18,084 91 96 104
47 Georgetown 40.83 29,016 101 96 94
48 Bardstown 41.25 12,291 102 96 90
49 Highland Heights 41.58 6,888 91 96 104
50 Bellevue 41.75 5,959 93 93 95
51 Shively 41.92 15,282 102 96 90
52 Florence 42.17 30,201 91 96 104
53 Taylor Mill 43.25 6,647 91 96 104
54 Alexandria 43.58 8,494 91 96 104
55 Radcliff 43.75 22,064 102 96 90
56 Independence 43.83 24,586 91 96 104
57 Cold Spring 44.0 5,864 91 96 104
58 Shepherdsville 44.08 11,209 102 96 90
59 Fort Wright 44.25 5,698 91 96 104
60 Fort Mitchell 44.25 8,198 91 96 104
61 Fort Thomas 44.5 16,207 91 96 104
62 Villa Hills 44.83 7,417 91 96 104
63 Edgewood 45.0 8,651 91 96 104
64 Union 45.33 5,357 91 96 104
65 Hillview 45.58 8,839 102 96 90
66 Louisville 45.83 741,285 102 96 90
67 Mount Washington 46.67 9,181 102 96 90
68 Shelbyville 47.0 14,081 102 96 90
69 Elizabethtown 47.0 28,254 102 96 90
70 La Grange 47.25 8,067 102 96 90
71 Lyndon 47.5 10,992 102 96 90
72 Jeffersontown 47.83 26,694 102 96 90
73 Middletown 48.92 7,164 102 96 90
74 Douglass Hills 49.42 5,512 102 96 90

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