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12\"/>",{"name":750,"created_at":751,"published_at":752,"updated_at":753,"id":754,"uuid":755,"content":756,"slug":1539,"full_slug":1540,"sort_by_date":34,"position":1541,"tag_list":1542,"is_startpage":543,"parent_id":1543,"meta_data":34,"group_id":1544,"first_published_at":1545,"release_id":34,"lang":730,"path":34,"alternates":1546,"default_full_slug":34,"translated_slugs":34},"What’s the cost of living in Kentucky?","2023-10-03T12:32:17.341Z","2024-12-05T11:05:19.940Z","2024-12-05T11:05:19.982Z",381675831,"6473080a-5c2e-4690-b33d-24ff7e4460f9",{"_uid":757,"body":758,"hero":1451,"author":1478,"sidebar":1501,"hide_cta":543,"metatags":1528,"component":1533,"bottom_banner":1534,"fullWidthMode":543,"subcategories":1535,"hideEmbeddedMF":543,"hide_pro_banner":558,"intro_paragraph":1537,"intro_subheading":12,"table_of_contents":558,"outgrow_calculator":1538,"hide_email_signup_widget":558,"show_compound_calculator":543,"show_roth_ira_calculator":543,"show_footer_sticky_banner":543,"show_retirement_calculator":543,"show_capital_gains_calculator":543},"fc9fc088-12d2-40fb-bc30-f3859e0894bd",[759,762,908,930,955,959,1032,1049,1160,1177,1230,1276,1293,1419],{"_uid":760,"component":761,"apply_margin_top":543,"apply_margin_bottom":543},"e5e8094a-d706-45a7-b4f6-8988db3bb6d4","app-match-flow",{"_uid":763,"data":764,"component":907},"751050bf-75cf-4263-9521-7c23322be740",{"type":15,"content":765},[766,776,829,837,857,864,871,878,886,893,900],{"type":767,"attrs":768,"content":770},"heading",{"level":769},2,[771],{"text":772,"type":22,"marks":773},"Summary",[774],{"type":129,"attrs":775},{"color":12},{"type":777,"content":778},"bullet_list",[779,789,798,807],{"type":780,"content":781},"list_item",[782],{"type":18,"content":783},[784],{"text":785,"type":22,"marks":786},"Kentucky boasts a relatively low cost of living when compared to the rest of the US.",[787],{"type":129,"attrs":788},{"color":12},{"type":780,"content":790},[791],{"type":18,"content":792},[793],{"text":794,"type":22,"marks":795},"The average cost of living in Kentucky is approximately $40,816 per person annually.",[796],{"type":129,"attrs":797},{"color":12},{"type":780,"content":799},[800],{"type":18,"content":801},[802],{"text":803,"type":22,"marks":804},"The average home value in Kentucky is estimated to be around $207,548 as of May 2024.",[805],{"type":129,"attrs":806},{"color":12},{"type":780,"content":808},[809],{"type":18,"content":810},[811,816,824],{"text":812,"type":22,"marks":813},"A ",[814],{"type":129,"attrs":815},{"color":12},{"text":817,"type":22,"marks":818},"financial advisor",[819,822],{"type":31,"attrs":820},{"href":821,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://v2.unbiased.com/inquiry/financial-advisor/primary-areas",{"type":129,"attrs":823},{"color":12},{"text":825,"type":22,"marks":826}," can help you manage the cost of living and develop a financial plan to help your money go further.",[827],{"type":129,"attrs":828},{"color":12},{"type":767,"attrs":830,"content":831},{"level":769},[832],{"text":833,"type":22,"marks":834},"What is the average cost of living in Kentucky?",[835],{"type":129,"attrs":836},{"color":12},{"type":18,"content":838},[839,844,852],{"text":840,"type":22,"marks":841},"Kentucky is home to approximately 4.5 million people and boasts a relatively low ",[842],{"type":129,"attrs":843},{"color":12},{"text":845,"type":22,"marks":846},"cost of living",[847,850],{"type":31,"attrs":848},{"href":849,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://www.unbiased.com/discover/banking/how-do-i-manage-the-cost-of-living-crisis",{"type":129,"attrs":851},{"color":12},{"text":853,"type":22,"marks":854}," compared to the rest of the US.  ",[855],{"type":129,"attrs":856},{"color":12},{"type":18,"content":858},[859],{"text":860,"type":22,"marks":861},"According to the Bureau of Economic Analysis, the average cost of living in Kentucky is approximately $40,816 per person annually.  ",[862],{"type":129,"attrs":863},{"color":12},{"type":18,"content":865},[866],{"text":867,"type":22,"marks":868},"This means that a couple could expect to pay just over $80,000 per year. However, as some costs can be shared, this could be lower. Studies show that for a family of four, you need just under $100,000 a year to live comfortably in Kentucky.",[869],{"type":129,"attrs":870},{"color":12},{"type":18,"content":872},[873],{"text":874,"type":22,"marks":875},"According to data gathered in 2022 from MERIC, the Missouri Economic Research and Information Center, the bluegrass state ranks 22nd among states with the lowest to the highest cost of living. ",[876],{"type":129,"attrs":877},{"color":12},{"type":767,"attrs":879,"content":880},{"level":769},[881],{"text":882,"type":22,"marks":883},"What is the average monthly cost of living in Kentucky?",[884],{"type":129,"attrs":885},{"color":12},{"type":18,"content":887},[888],{"text":889,"type":22,"marks":890},"How much you spend each month will depend on numerous factors and will fluctuate each month.",[891],{"type":129,"attrs":892},{"color":12},{"type":18,"content":894},[895],{"text":896,"type":22,"marks":897},"However, some costs are constant – rent, groceries, and utilities.",[898],{"type":129,"attrs":899},{"color":12},{"type":18,"content":901},[902],{"text":903,"type":22,"marks":904},"Using the data below, here is an overview of the average amount a single person renting a home in Kentucky could expect to spend each month:",[905],{"type":129,"attrs":906},{"color":12},"article-rich-text",{"_uid":909,"caption":12,"content":910,"component":928,"paste_content":929,"hide_heading_row":543,"first_col_to_headings":543},"b26825fb-fa1c-4322-843d-b0b06babdc17",{"tbody":911,"thead":921,"fieldtype":927},[912],{"_uid":913,"body":914,"component":920},"498380b9-1c57-4ba3-9377-c4776a41f85b",[915,918],{"_uid":916,"value":12,"component":917},"2843624a-baa0-4258-a1fb-27b86582f2c5","_table_col",{"_uid":919,"value":12,"component":917},"3cb1497c-7b8a-420b-a763-c130632846fc","_table_row",[922,925],{"_uid":923,"value":12,"component":924},"cbdde168-5e71-45d2-8031-9ff8d047b7f9","_table_head",{"_uid":926,"value":12,"component":924},"c180aba6-e6e6-40e5-b68e-1e9b35524dd4","table","article-table","Source\tCost\nHousing\t$1,315\nGroceries\t$315\nUtilities\t$465\nTransport\t$830\nHealth insurance \t$431\nTotal\t$3,356\n",{"_uid":931,"data":932,"component":907},"e3a756da-cf05-4a95-b208-c18dab599895",{"type":15,"content":933},[934,939,943],{"type":767,"attrs":935,"content":936},{"level":769},[937],{"text":938,"type":22},"How much does housing cost in Kentucky?",{"type":18,"content":940},[941],{"text":942,"type":22},"According to the Zillow Home Value Index, the average home value in Kentucky is estimated to be around $207,548 as of May 2024. This is up 5% year-on-year.  ",{"type":18,"content":944},[945,947,953],{"text":946,"type":22},"It’s important to note that ",{"text":948,"type":22,"marks":949},"housing prices",[950],{"type":31,"attrs":951},{"href":952,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://www.unbiased.com/discover/banking/house-price-statistics",{"text":954,"type":22}," can significantly differ across various regions within the state. Here are some examples of typical home prices in Kentucky: ",{"_uid":956,"content":957,"component":958},"9bb9629a-e768-4b6d-b903-ad436b72faec","\u003Ciframe src=\"https://e.infogram.com/cb95491b-2ccb-4a11-a9f8-94d5ca7aaa5e?src=embed\" title=\"Kentucky housing cost map\" width=\"700\" height=\"700\" scrolling=\"no\" frameborder=\"0\" style=\"border:none;\" allowfullscreen=\"allowfullscreen\">\u003C/iframe>","app-embedded-content",{"_uid":960,"data":961,"component":907},"80a34a48-9ccd-4f94-8c73-5512efb8a28b",{"type":15,"content":962},[963,970,977,997,1005,1012],{"type":18,"content":964},[965],{"text":966,"type":22,"marks":967},"For those considering renting in Kentucky, the monthly rental price ranges across the state.",[968],{"type":129,"attrs":969},{"color":12},{"type":18,"content":971},[972],{"text":973,"type":22,"marks":974},"According to Zillow’s Rental Manager, the median rent for all bedrooms and all property types in Kentucky is $1,315. Other sources put the average figure closer to $1,000 or $1,200, depending on your location.",[975],{"type":129,"attrs":976},{"color":12},{"type":18,"content":978},[979,984,992],{"text":980,"type":22,"marks":981},"This is significantly below the national median rent, which stands at $2,104, according to ",[982],{"type":129,"attrs":983},{"color":12},{"text":985,"type":22,"marks":986},"Zillow",[987,990],{"type":31,"attrs":988},{"href":989,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://www.zillow.com/rental-manager/market-trends/united-states/",{"type":129,"attrs":991},{"color":12},{"text":993,"type":22,"marks":994},".",[995],{"type":129,"attrs":996},{"color":12},{"type":767,"attrs":998,"content":999},{"level":769},[1000],{"text":1001,"type":22,"marks":1002},"How much do utilities cost in Kentucky?",[1003],{"type":129,"attrs":1004},{"color":12},{"type":18,"content":1006},[1007],{"text":1008,"type":22,"marks":1009},"Utility costs play a significant role in Kentucky's overall cost of living.",[1010],{"type":129,"attrs":1011},{"color":12},{"type":18,"content":1013},[1014,1019,1027],{"text":1015,"type":22,"marks":1016},"According to ",[1017],{"type":129,"attrs":1018},{"color":12},{"text":1020,"type":22,"marks":1021},"Forbes",[1022,1025],{"type":31,"attrs":1023},{"href":1024,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://www.forbes.com/home-improvement/living/monthly-utility-costs-by-state/",{"type":129,"attrs":1026},{"color":12},{"text":1028,"type":22,"marks":1029},", the monthly average utility bill in Kentucky is just under $465.  ",[1030],{"type":129,"attrs":1031},{"color":12},{"_uid":1033,"caption":12,"content":1034,"component":928,"paste_content":1048,"hide_heading_row":543,"first_col_to_headings":543},"1b2c1e83-9887-4533-b54a-1d46c786955f",{"tbody":1035,"thead":1043,"fieldtype":927},[1036],{"_uid":1037,"body":1038,"component":920},"519fec5f-cb11-41a0-b5af-b5fd4a013c80",[1039,1041],{"_uid":1040,"value":12,"component":917},"8a40d039-7936-4a39-b5a9-3a18dbf58e0f",{"_uid":1042,"value":12,"component":917},"e87a56be-848a-47a8-afdc-ff8c8114b243",[1044,1046],{"_uid":1045,"value":12,"component":924},"dce2eac7-2788-4ecb-b191-9a96206ef80f",{"_uid":1047,"value":12,"component":924},"b453225b-96cb-4c05-b4bf-31559fd7f7b4","Utility\tAverage cost \nEnergy bill\t$124.67\nMonthly water bill\t$49\nInternet\t$35\nNatural gas\t$94\nPhone bill\t$114\nStreaming\t$48\n",{"_uid":1050,"data":1051,"component":907},"0418001d-a96d-42a9-bafe-49244e5e2d2a",{"type":15,"content":1052},[1053,1061,1068,1075,1082,1090,1097,1104,1111,1118,1126,1146,1153],{"type":767,"attrs":1054,"content":1055},{"level":769},[1056],{"text":1057,"type":22,"marks":1058},"What are the average grocery and food costs in Kentucky?",[1059],{"type":129,"attrs":1060},{"color":12},{"type":18,"content":1062},[1063],{"text":1064,"type":22,"marks":1065},"When it comes to groceries and food costs, Kentucky spends slightly less monthly than elsewhere in the United States.   ",[1066],{"type":129,"attrs":1067},{"color":12},{"type":18,"content":1069},[1070],{"text":1071,"type":22,"marks":1072},"According to World Population Review, those in Kentucky pay over $315 on average each month. This is below their stated national average of $354.50.",[1073],{"type":129,"attrs":1074},{"color":12},{"type":18,"content":1076},[1077],{"text":1078,"type":22,"marks":1079},"According to 2021 data from the Bureau of Labor Statistics, the average spending on food at home is $5,259 annually, or about $438 per month for US households.   ",[1080],{"type":129,"attrs":1081},{"color":12},{"type":767,"attrs":1083,"content":1084},{"level":769},[1085],{"text":1086,"type":22,"marks":1087},"How much does transport cost in Kentucky?",[1088],{"type":129,"attrs":1089},{"color":12},{"type":18,"content":1091},[1092],{"text":1093,"type":22,"marks":1094},"Transportation costs, including gas prices and vehicle maintenance, impact Kentucky's overall cost of living.  ",[1095],{"type":129,"attrs":1096},{"color":12},{"type":18,"content":1098},[1099],{"text":1100,"type":22,"marks":1101},"According to MIT, a single adult with no children can expect to pay upwards of $10,000 on transport costs in Kentucky. This rises to over $17,500 for a typical family of four.  ",[1102],{"type":129,"attrs":1103},{"color":12},{"type":18,"content":1105},[1106],{"text":1107,"type":22,"marks":1108},"Gas prices in Kentucky are typically in and around the national average. At the time of writing, Kentucky was just below the national average. These prices fluctuate over time.   ",[1109],{"type":129,"attrs":1110},{"color":12},{"type":18,"content":1112},[1113],{"text":1114,"type":22,"marks":1115},"It is also worth noting that prices can vary across different regions within the state.  ",[1116],{"type":129,"attrs":1117},{"color":12},{"type":767,"attrs":1119,"content":1120},{"level":769},[1121],{"text":1122,"type":22,"marks":1123},"How much does healthcare cost in Kentucky? ",[1124],{"type":129,"attrs":1125},{"color":12},{"type":18,"content":1127},[1128,1133,1141],{"text":1129,"type":22,"marks":1130},"Understanding ",[1131],{"type":129,"attrs":1132},{"color":12},{"text":1134,"type":22,"marks":1135},"healthcare expenses",[1136,1139],{"type":31,"attrs":1137},{"href":1138,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.unbiased.com/discover/insurance/what-is-the-average-cost-of-health-insurance",{"type":129,"attrs":1140},{"color":12},{"text":1142,"type":22,"marks":1143}," is crucial when considering the cost of living.  ",[1144],{"type":129,"attrs":1145},{"color":12},{"type":18,"content":1147},[1148],{"text":1149,"type":22,"marks":1150},"The specific healthcare costs in Kentucky can vary depending on factors such as insurance coverage and individual circumstances. Therefore, it is advisable to research and consult with healthcare providers and insurance companies to obtain accurate cost estimates. ",[1151],{"type":129,"attrs":1152},{"color":12},{"type":18,"content":1154},[1155],{"text":1156,"type":22,"marks":1157},"MIT estimates the following costs based on various scenarios:  ",[1158],{"type":129,"attrs":1159},{"color":12},{"_uid":1161,"caption":12,"content":1162,"component":928,"paste_content":1176,"hide_heading_row":543,"first_col_to_headings":543},"8125ed96-35e8-4937-88a4-9c577cb4a552",{"tbody":1163,"thead":1171,"fieldtype":927},[1164],{"_uid":1165,"body":1166,"component":920},"6ccb152f-912c-45fc-aeca-fdd4df34cc13",[1167,1169],{"_uid":1168,"value":12,"component":917},"4cc67c87-cd4f-4266-888c-aa0e144ef716",{"_uid":1170,"value":12,"component":917},"5679c12d-f2e1-4731-8a1b-6ee82b879bc8",[1172,1174],{"_uid":1173,"value":12,"component":924},"320d0426-b27c-4941-9e24-fbccf6e6728b",{"_uid":1175,"value":12,"component":924},"72fa0564-0bc1-4b2f-a140-9883a5a6cb18","Scenario\tAnnual healthcare expenditure\nOne adult, no children\t$2,791\nOne adult, one child\t$8,618\nOne adult, two children\t$8,504\nTwo adults (one working), no children\t$6,367\nTwo adults (one working), one child\t$8,504\nTwo adults (one working), two children\t$8,976\nTwo adults (two working), no children\t$6,367\n",{"_uid":1178,"data":1179,"component":907},"de5e8acc-e2bb-4700-bb30-a31f930131f9",{"type":15,"content":1180},[1181,1189,1209,1216,1223],{"type":767,"attrs":1182,"content":1183},{"level":769},[1184],{"text":1185,"type":22,"marks":1186},"How much does childcare cost in Kentucky?",[1187],{"type":129,"attrs":1188},{"color":12},{"type":18,"content":1190},[1191,1196,1204],{"text":1192,"type":22,"marks":1193},"According to the ",[1194],{"type":129,"attrs":1195},{"color":12},{"text":1197,"type":22,"marks":1198},"Economic Policy Institute",[1199,1202],{"type":31,"attrs":1200},{"href":1201,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://www.epi.org/child-care-costs-in-the-united-states/#/KY",{"type":129,"attrs":1203},{"color":12},{"text":1205,"type":22,"marks":1206},", childcare costs are one of the biggest expenses for families in Kentucky.",[1207],{"type":129,"attrs":1208},{"color":12},{"type":18,"content":1210},[1211],{"text":1212,"type":22,"marks":1213},"Families can expect to pay around $6,411 per year or $534 per month for childcare for one child. For two children, this doubles to $12,821 annually.",[1214],{"type":129,"attrs":1215},{"color":12},{"type":18,"content":1217},[1218],{"text":1219,"type":22,"marks":1220},"According to the research, childcare for one child takes up nearly 12% of a median family income in the state. The costs for two children come in at 31% more than the average Kentucky rent.",[1221],{"type":129,"attrs":1222},{"color":12},{"type":18,"content":1224},[1225],{"text":1226,"type":22,"marks":1227},"However, it's important to note that this figure can vary across the state.  ",[1228],{"type":129,"attrs":1229},{"color":12},{"_uid":1231,"data":1232,"component":907},"f32dd7b2-d1f0-4c15-9427-818bed10fe7f",{"type":15,"content":1233},[1234,1242,1262,1269],{"type":767,"attrs":1235,"content":1236},{"level":769},[1237],{"text":1238,"type":22,"marks":1239},"How much tax will I pay in Kentucky? ",[1240],{"type":129,"attrs":1241},{"color":12},{"type":18,"content":1243},[1244,1249,1257],{"text":1245,"type":22,"marks":1246},"Figuring out how much ",[1247],{"type":129,"attrs":1248},{"color":12},{"text":1250,"type":22,"marks":1251},"tax you have to pay in Kentucky",[1252,1255],{"type":31,"attrs":1253},{"href":1254,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://www.unbiased.com/discover/taxes/kentucky-tax-guide",{"type":129,"attrs":1256},{"color":12},{"text":1258,"type":22,"marks":1259}," will impact your cost of living.",[1260],{"type":129,"attrs":1261},{"color":12},{"type":18,"content":1263},[1264],{"text":1265,"type":22,"marks":1266},"Kentucky has a flat income tax of 4.5%.",[1267],{"type":129,"attrs":1268},{"color":12},{"type":18,"content":1270},[1271],{"text":1272,"type":22,"marks":1273},"Here's a comparison of income tax rates among some neighboring states:  ",[1274],{"type":129,"attrs":1275},{"color":12},{"_uid":1277,"caption":12,"content":1278,"component":928,"paste_content":1292,"hide_heading_row":543,"first_col_to_headings":543},"6838e393-fdcd-454e-af23-5784aeb5a27b",{"tbody":1279,"thead":1287,"fieldtype":927},[1280],{"_uid":1281,"body":1282,"component":920},"e75ccb51-b926-43b1-8e86-89280fa597cd",[1283,1285],{"_uid":1284,"value":12,"component":917},"c086d244-7908-4e41-a99d-a079458afba7",{"_uid":1286,"value":12,"component":917},"7aad394d-78f9-4638-8012-b49dc09f44fc",[1288,1290],{"_uid":1289,"value":12,"component":924},"6ec4c27f-96db-4e86-ab19-5943999fd665",{"_uid":1291,"value":12,"component":924},"e37023bb-a175-4d3b-9c32-56ea4c9fcc09","State\tIncome tax rates\nKentucky\t4.5%\nIndiana\t3.05%\nWest Virginia\t2.55% - 5.525%\nTennessee\tNo state income tax\n",{"_uid":1294,"data":1295,"component":907},"494b5da4-929c-4087-9e60-036e5b889158",{"type":15,"content":1296},[1297,1316,1323,1331,1335,1339,1343,1350,1370,1378,1385,1392],{"type":18,"content":1298},[1299,1304,1311],{"text":1300,"type":22,"marks":1301},"The sales ",[1302],{"type":129,"attrs":1303},{"color":12},{"text":1305,"type":22,"marks":1306},"tax rate",[1307,1309],{"type":31,"attrs":1308},{"href":1254,"uuid":34,"anchor":34,"target":35,"linktype":36},{"type":129,"attrs":1310},{"color":12},{"text":1312,"type":22,"marks":1313}," in Kentucky is 6%.",[1314],{"type":129,"attrs":1315},{"color":12},{"type":18,"content":1317},[1318],{"text":1319,"type":22,"marks":1320},"Unlike other states, there are no local sales and use taxes in Kentucky, meaning sales tax will always stand at 6%.",[1321],{"type":129,"attrs":1322},{"color":12},{"type":767,"attrs":1324,"content":1325},{"level":769},[1326],{"text":1327,"type":22,"marks":1328},"How much does it cost to retire in Kentucky?",[1329],{"type":129,"attrs":1330},{"color":12},{"type":18,"content":1332},[1333],{"text":1334,"type":22},"Kentucky's cost of living is generally lower than the national average, which could be a significant advantage for retirees on a fixed income.",{"type":18,"content":1336},[1337],{"text":1338,"type":22},"As discussed, housing, healthcare, and transportation costs are lower than in many other states, meaning retirees can keep hold of more of their money.",{"type":18,"content":1340},[1341],{"text":1342,"type":22},"Additionally, Kentucky is a tax-friendly state for retirees.",{"type":18,"content":1344},[1345],{"text":1346,"type":22,"marks":1347},"Social Security income is exempt from taxation. Other forms of retirement income, such as pensions, 401(k), or IRA, are exempt up to a limit of $31,110 per person. Anything above this limit will be taxed at the state’s standard 4% rate.",[1348],{"type":129,"attrs":1349},{"color":12},{"type":18,"content":1351},[1352,1357,1365],{"text":1353,"type":22,"marks":1354},"If you want to learn more about retiring in Kentucky, ",[1355],{"type":129,"attrs":1356},{"color":12},{"text":1358,"type":22,"marks":1359},"click here",[1360,1363],{"type":31,"attrs":1361},{"href":1362,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.unbiased.com/discover/retirement/retiring-in-kentucky",{"type":129,"attrs":1364},{"color":12},{"text":1366,"type":22,"marks":1367},". ",[1368],{"type":129,"attrs":1369},{"color":12},{"type":767,"attrs":1371,"content":1372},{"level":769},[1373],{"text":1374,"type":22,"marks":1375},"The bottom line",[1376],{"type":129,"attrs":1377},{"color":12},{"type":18,"content":1379},[1380],{"text":1381,"type":22,"marks":1382},"The amount of money needed to live comfortably in Kentucky can vary depending on location, lifestyle, family size, and personal preferences. However, as the most expensive state in the US, you may need more than you first think. ",[1383],{"type":129,"attrs":1384},{"color":12},{"type":18,"content":1386},[1387],{"text":1388,"type":22,"marks":1389},"It's essential to consider these factors, along with personal circumstances and preferences, when evaluating the cost of living in Kentucky. In addition, consulting with a financial advisor can provide valuable insights and assistance in managing expenses and financial planning. ",[1390],{"type":129,"attrs":1391},{"color":12},{"type":18,"content":1393},[1394,1400,1408,1414],{"text":1395,"type":22,"marks":1396},"Whether you’re retirement planning or considering relocating to chase a new career, Unbiased can assist you with your move's financial ins and outs.",[1397,1398],{"type":38},{"type":129,"attrs":1399},{"color":12},{"text":1401,"type":22,"marks":1402}," Find the right advisor",[1403,1405,1406],{"type":31,"attrs":1404},{"href":55,"uuid":34,"anchor":34,"target":35,"linktype":36},{"type":38},{"type":129,"attrs":1407},{"color":12},{"text":1409,"type":22,"marks":1410}," for your needs today.",[1411,1412],{"type":38},{"type":129,"attrs":1413},{"color":12},{"text":1415,"type":22,"marks":1416}," ",[1417],{"type":129,"attrs":1418},{"color":12},{"_uid":1420,"component":1421,"accordions":1422},"0f9b6ece-8fe3-4cec-895b-63e8e51310d6","app-accordion-group",[1423,1433,1442],{"_uid":1424,"text":1425,"title":1431,"component":1432},"c7278059-3dd4-409e-940f-99775e612164",{"type":15,"content":1426},[1427],{"type":18,"content":1428},[1429],{"text":1430,"type":22},"Living in Kentucky is generally affordable, with a cost of living 7% below the national average. Housing costs are notably lower at 22%, while utilities are slightly higher by 2%. Groceries are around 3% cheaper, and clothing costs are also 3% lower compared to the national average.","Is it expensive to live in KY?","app-accordion",{"_uid":1434,"text":1435,"title":1441,"component":1432},"de837e69-0d39-46e0-9bf9-ccb35004d4d9",{"type":15,"content":1436},[1437],{"type":18,"content":1438},[1439],{"text":1440,"type":22},"Rent prices in Kentucky vary, ranging from $1,800 for a studio to $2,498 for a 4-bedroom rental. The median price for all available listings is $1,250, approximately $1 per square foot. Median rents for apartments and housing have notably decreased over the past year.","Is rent high in Kentucky?",{"_uid":1443,"text":1444,"title":1450,"component":1432},"1463feae-2c13-430e-a7ed-f55ac9dc0002",{"type":15,"content":1445},[1446],{"type":18,"content":1447},[1448],{"text":1449,"type":22},"In Kentucky, home prices typically range from under $62,000 to around $418,000, with most residents owning homes valued under $300,000. Breathitt County has the lowest median home price at $62,180.","How much does a house cost in Kentucky?",[1452],{"_uid":1453,"image":1454,"title":1461,"subtitle":12,"component":1477,"breadcrumbs":558},"7258534c-6542-4ae2-bfde-cd263bf80204",{"id":1455,"alt":1456,"name":12,"focus":12,"title":1457,"source":12,"filename":1458,"copyright":12,"fieldtype":1459,"meta_data":1460,"is_private":12,"is_external_url":543},13998456,"Kentucky countryside scene","Kentucky","https://a.storyblok.com/f/185166/900x450/e9d9db2937/cost-of-living-in-kentucky.webp","asset",{},{"type":15,"content":1462},[1463],{"type":18,"content":1464},[1465,1470],{"text":1466,"type":22,"marks":1467},"What’s the cost of living in ",[1468],{"type":129,"attrs":1469},{"color":131},{"text":1471,"type":22,"marks":1472},"Kentucky?",[1473,1476],{"type":25,"attrs":1474},{"class":1475},"primary-gradient",{"type":129},"app-hero",{"name":1479,"created_at":1480,"published_at":1481,"updated_at":1482,"id":1483,"uuid":1484,"content":1485,"slug":1494,"full_slug":1495,"sort_by_date":34,"position":727,"tag_list":1496,"is_startpage":543,"parent_id":1497,"meta_data":34,"group_id":1498,"first_published_at":1499,"release_id":34,"lang":730,"path":34,"alternates":1500,"default_full_slug":34,"translated_slugs":34,"_stopResolving":558},"Charlie Barton","2023-03-09T11:28:05.073Z","2024-04-09T10:35:03.370Z","2024-04-09T10:35:03.391Z",273297506,"7b3f322c-6ef0-4ae2-b927-148132e0af8e",{"job":1486,"_uid":1487,"name":1479,"image":1488,"component":1492,"description":1493},"Writer","e33d05f7-87b1-4590-ba2c-57a489aabaf9",{"id":1489,"alt":12,"name":12,"focus":12,"title":12,"source":12,"filename":1490,"copyright":12,"fieldtype":1459,"meta_data":1491,"is_private":543,"is_external_url":543},7444543,"https://a.storyblok.com/f/185166/512x512/44365e0125/charlie-barton.png",{},"article-author","Charlie Barton is a writer at Unbiased. He has been writing about personal finance and investing since 2017, with extensive knowledge of platforms and products. Charlie has a first-class degree from the London School of Economics.","charlie-barton","authors/charlie-barton",[],224651374,"a65651ef-4b39-4470-985e-ae20087d8c0a","2023-03-09T11:30:46.945Z",[],[1502,1513],{"_uid":1503,"list":1504,"cta_link":821,"cta_text":1505,"component":1506,"window_label":12,"window_title":1507},"a5659e48-6a5b-4f5b-9a71-7e0f34362eb6","Unbiased can connect you with a financial advisor who can help you develop a financial plan to meet your goals.\nUnbiased has helped people just like you find expert financial advice. ","Find your financial advisor","app-banner",{"type":15,"content":1508},[1509],{"type":18,"content":1510},[1511],{"text":1512,"type":22},"Looking for trusted financial advice?",{"_uid":1514,"body":1515,"title":1526,"component":1527},"628318e0-01e9-4c44-8673-bc4675b4f2b9",[1516,1519,1522],{"_uid":1517,"href":1254,"text":1518,"component":542,"openInNewWindow":558},"771d7b1d-c85f-469f-b4cb-e14d5fa33879","Kentucky tax guide",{"_uid":1520,"href":1362,"text":1521,"component":542,"openInNewWindow":558},"71ab6542-19a7-4c58-8400-2b00ebbd7256","Retiring in Kentucky",{"_uid":1523,"href":1524,"text":1525,"component":542,"openInNewWindow":558},"ef6c669b-28a4-4118-8593-d150243b08e3","https://www.unbiased.com/discover/banking/average-salary-in-kentucky","Average salary in Kentucky","Related articles","app-links-list",{"_uid":1529,"title":1530,"plugin":1531,"og_image":12,"og_title":12,"description":1532,"twitter_image":12,"twitter_title":12,"og_description":12,"twitter_description":12},"b1d1574b-80bb-4fb1-80bf-609af96ecd75","What’s the cost of living in Kentucky? | Unbiased","seo_metatags","Learn more about the cost of living in Kentucky, including tax rates, housing costs, and how much you can expect to pay for healthcare.","app-article",[],[1536],"ce551f51-0bac-4492-ac67-a1000f681e0b","Discover more about the cost of living in Kentucky, including tax rates and healthcare costs. Or, match with a financial advisor by answering a few questions below. 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