Cost of Living in Central City, KY

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13%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
31%
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 Central City Kentucky National
Cost of living8788100
Groceries9798100
Health care9497100
Housing6970100
Transportation9496100
Utilities9495100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare8894100
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Homes For Sale In Central City, KY

property for sale

602 E Everly Brothers Blvd

Central City, KY
property for sale

1379 State St

Central City, KY
property for sale

104 S 8th St

Central City, KY
property for sale

3171 Highway 2107

Central City, KY

Cost Of Living Quick Facts

  • The cost of living in Central City is 2% lower than the Kentucky average
  • The cost of living in Central City is 13% lower than the national average
  • Central City housing is 31% 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 Central City

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      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$91,127$7,594$2,126$2,734
      Renters$50,749$4,229$1,184$1,523
      A good way to judge both the affordability of the housing and the cost of living in Central City is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Central City has a median income of about $91,127 for people who own homes. Based on that number, a maximum of $2,126 should be spent on expenses related to housing. Renters have a slightly different median income, which is $50,749. Based on this average, renters should spend no more than $1,184 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Cleaton, KY169945.6%
      Island, KY5937920.9%
      McHenry, KY3247920.8%
      Sacramento, KY4607920.7%
      South Carrollton, KY2378020.5%
      Central City, KY5,9568713.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Schriever, LA5,956927.6%
      Newmarket, NH5,95511717.0%
      Stettler, AB5,955n/a 
      Hilton, NY5,9571043.6%
      Chickasaw, AL5,9548416.2%
      Central City, KY5,9568713.1%
      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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