Cost of Living in Drakesboro, KY

Get 300+ Local Insights for Any Address in Drakesboro, KY

Get Access to 300+ Local Data Points
A+
18%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
54%
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 Drakesboro Kentucky National
Cost of living8288100
Groceries9998100
Health care9897100
Housing4670100
Transportation9696100
Utilities9795100
Lifestyle & Entertainment9795100
Household Items9697100
Education & Childcare9394100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Drakesboro, KY

property for sale

1687 Corum Landing Rd

Drakesboro, KY
property for sale

4880 State Route 176

Drakesboro, KY
property for sale

6236 State Route 176

Drakesboro, KY
property for sale

508 W Mose Rager Blvd

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

Cost Of Living Quick Facts

  • The cost of living in Drakesboro is 8% lower than the Kentucky average
  • The cost of living in Drakesboro is 18% lower than the national average
  • Drakesboro housing is 54% 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 Drakesboro

See all the best places to live around Drakesboro

Compare Drakesboro, KY Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Drakesboro?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Drakesboro?
      Write a review to give others more information about this area.
      See all Drakesboro poll results

      The best places in Kentucky

      Here are the best places to live in KentuckyMost Dangerous States In The USSafest States In The USThese are the largest cities in Kentucky
      Best Places in Kentucky

      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$96,788$8,066$2,258$2,904
      Renters$62,086$5,174$1,449$1,863

      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%
      McHenry, KY3247920.8%
      Sacramento, KY4607920.7%
      South Carrollton, KY2378020.5%
      Beechmont, KY6108218.0%
      Drakesboro, KY5498218.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fountain Lake, AR5498910.7%
      Picacho, AZ549990.8%
      Ashton, IA5498218.0%
      Cowden, IL5497921.0%
      Riverwood, KY54916363.3%
      Drakesboro, KY5498218.5%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026