These Are The 10 Most Affordable Places In Kentucky


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 75 largest places in Kentucky, we were left with this set of the best value for your money:

  1. Monticello
  2. Williamsburg
  3. Princeton
  4. Middlesborough
  5. Mayfield
  6. Central City
  7. Russellville
  8. Ashland
  9. Flatwoods
  10. Corbin

So listen up Union as we explain how we created this ranking, you could learn some things from the rest of the state.

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How We Determined The Most Affordable Places To Live In The Bluegrass State

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 75 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

Source: Wikipedia

Population: 6,197
Services: 90
Groceries: 93
Healthcare: 87
Housing: 43
Transportation: 93
Utiltiies: 85

2. Williamsburg

Williamsburg, Kentucky

Source: Wikipedia

Population: 5,258
Services: 93
Groceries: 84
Healthcare: 89
Housing: 47
Transportation: 90
Utiltiies: 90

3. Princeton

Princeton, Kentucky

Source: Wikipedia

Population: 6,331
Services: 92
Groceries: 93
Healthcare: 92
Housing: 43
Transportation: 92
Utiltiies: 114

4. Middlesborough

Middlesborough, Kentucky

Source: Wikipedia

Population: 10,235
Services: 100
Groceries: 91
Healthcare: 89
Housing: 46
Transportation: 94
Utiltiies: 98

5. Mayfield

Mayfield, Kentucky

Source: Wikipedia

Population: 10,048
Services: 113
Groceries: 89
Healthcare: 91
Housing: 46
Transportation: 96
Utiltiies: 90

6. Central City

Central City - Hardest Kentucky

Source: Google Maps

Population: 5,955
Services: 87
Groceries: 95
Healthcare: 94
Housing: 46
Transportation: 96
Utiltiies: 106

7. Russellville

Russellville, Kentucky

Source: Wikipedia

Population: 6,979
Services: 87
Groceries: 95
Healthcare: 94
Housing: 46
Transportation: 96
Utiltiies: 106

8. Ashland

Ashland, Kentucky

Source: Wikipedia

Population: 21,611
Services: 96
Groceries: 90
Healthcare: 97
Housing: 54
Transportation: 83
Utiltiies: 96

9. Flatwoods

Flatwoods, Kentucky

Source: Wikipedia

Population: 7,465
Services: 96
Groceries: 90
Healthcare: 97
Housing: 54
Transportation: 83
Utiltiies: 96

10. Corbin

Corbin, Kentucky

Source: Wikipedia

Population: 7,010
Services: 100
Groceries: 91
Healthcare: 89
Housing: 54
Transportation: 94
Utiltiies: 98

Detailed List Of Affordable Places In Kentucky

City Rank Population Services Grociers Healthcare
Monticello 1 6,197 90 93 87
Williamsburg 2 5,258 93 84 89
Princeton 3 6,331 92 93 92
Middlesborough 4 10,235 100 91 89
Mayfield 5 10,048 113 89 91
Central City 6 5,955 87 95 94
Russellville 7 6,979 87 95 94
Ashland 8 21,611 96 90 97
Flatwoods 9 7,465 96 90 97
Corbin 10 7,010 100 91 89
Campbellsville 11 10,138 101 96 94
Harrodsburg 12 8,323 101 96 94
Leitchfield 13 6,721 87 95 94
Madisonville 14 19,745 92 93 92
Paducah 15 25,081 92 93 92
Glasgow 16 14,026 87 95 94
Henderson 17 28,728 92 93 92
Cynthiana 18 6,406 101 96 94
Lebanon 19 5,571 101 96 94
Owensboro 20 57,361 92 93 92
Hazard 21 5,117 100 91 89
Somerset 22 11,254 101 96 94
Maysville 23 9,018 91 96 104
Franklin 24 8,431 87 95 94
Dayton 25 5,364 93 93 95
Murray 26 17,706 113 89 91
Hopkinsville 27 31,798 87 95 94
Bardstown 28 12,291 102 96 90
Newport 29 15,398 91 96 104
Covington 30 40,776 91 96 104
London 31 6,797 101 96 94
Paris 32 9,298 101 96 94
Shively 33 15,282 102 96 90
Winchester 34 18,314 101 96 94
Morehead 35 6,898 101 96 94
Mount Sterling 36 6,915 101 96 94
Oak Grove 37 7,427 102 94 86
Bellevue 38 5,959 93 93 95
Lawrenceburg 39 10,711 101 96 94
Berea 40 13,651 101 96 94
Danville 41 16,212 101 96 94
Radcliff 42 22,064 102 96 90
Pikeville 43 6,864 100 91 89
Frankfort 44 26,745 101 96 94
Bowling Green 45 58,632 87 95 94
Richmond 46 31,508 101 96 94
Shepherdsville 47 11,209 102 96 90
Elsmere 48 8,430 91 96 104
Versailles 49 8,678 101 96 94
Erlanger 50 18,084 91 96 104
Highland Heights 51 6,888 91 96 104
Nicholasville 52 27,865 101 96 94
Hillview 53 8,839 102 96 90
Georgetown 54 29,016 101 96 94
Florence 55 30,201 91 96 104
Louisville 56 741,285 102 96 90
Lexington-Fayette 57 296,766 101 96 94
Mount Washington 58 9,181 102 96 90
Elizabethtown 59 28,254 102 96 90
Shelbyville 60 14,081 102 96 90
Taylor Mill 61 6,647 91 96 104
La Grange 62 8,067 102 96 90
Lyndon 63 10,992 102 96 90
Alexandria 64 8,494 91 96 104
Independence 65 24,586 91 96 104
Jeffersontown 66 26,694 102 96 90
Cold Spring 67 5,864 91 96 104
Fort Mitchell 68 8,198 91 96 104
Fort Wright 69 5,698 91 96 104
Fort Thomas 70 16,207 91 96 104
Villa Hills 71 7,417 91 96 104
Edgewood 72 8,651 91 96 104
Middletown 73 7,164 102 96 90
Douglass Hills 74 5,512 102 96 90
Union 75 5,357 91 96 104

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