Cost of Living in Albany, KY

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20%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
58%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Albany Kentucky National
Cost of living8088100
Groceries9798100
Health care9797100
Housing4270100
Transportation9596100
Utilities9695100
Lifestyle & Entertainment9495100
Household Items10097100
Education & Childcare9794100
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Homes For Sale In Albany, KY

property for sale

5406 Wisdom Dock Rd

Albany, KY
property for sale

218 Meadow LN

Byrdstown, TN
property for sale

906 Denney Rd Lot 16

Albany, KY
property for sale

906 Denney Rd Lot 17

Albany, KY
See the Newest Homes For Sale In Albany, KY

Cost Of Living Quick Facts

  • The cost of living in Albany is 9% lower than the Kentucky average
  • The cost of living in Albany is 20% lower than the national average
  • Albany housing is 58% lower than the national average
  • Kentucky general sales tax is 18% higher than the national average
  • Kentucky state income tax is 73% higher than the national average

Most Affordable Places to Live in and Around Albany

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Compare Albany, KY Cost of Living

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      Salary Calculator

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$53,413$4,451$1,246$1,603
      Renters$21,833$1,819$509$655

      Kentucky Sales Tax

      State General Sales Tax With Max Surtax
      Kentucky 6% 6%

      Kentucky Income Tax

      State Income Tax (Low) Income Tax (High)
      Kentucky 4.5% 4.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Burkesville, KY1,9708019.8%
      Byrdstown, TN1,1688217.6%
      Albany, KY2,5558019.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lineville, AL2,5559010.4%
      De Leon, TX2,5558218.0%
      Kinsey, AL2,5548515.1%
      Montalvin Manor, CA2,55414241.9%
      Lawai, HI2,55417473.6%
      Albany, KY2,5558019.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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