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.

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

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.

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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 (locally /mdlzbr/) 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

Source: Wikipedia

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 (/pduk/) 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 (MSA). 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

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

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