Cost of Living in Elsmere, KY

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

Get Access to 300+ Local Data Points
A+
9%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
18%
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 Elsmere Kentucky National
Cost of living9188100
Groceries9598100
Health care9797100
Housing8270100
Transportation9496100
Utilities9795100
Lifestyle & Entertainment9795100
Household Items9797100
Education & Childcare9094100
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 Elsmere, KY

property for sale

222 Wells St

Elsmere, KY
property for sale

1431 Garvey Ave

Elsmere, KY
property for sale

617 Bedinger St

Elsmere, KY
property for sale

11 May St

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

Cost Of Living Quick Facts

  • The cost of living in Elsmere is 3% higher than the Kentucky average
  • The cost of living in Elsmere is 9% lower than the national average
  • Elsmere housing is 18% 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 Elsmere

See all the best places to live around Elsmere

Compare Elsmere, KY Cost of Living

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

      The best places in Kentucky

      Here are the best places to live in KentuckyCheck out the 10 safest cities in KentuckySee the best places to live in ElsmereMost Dangerous States In The US
      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$103,641$8,637$2,418$3,110
      Renters$75,489$6,291$1,761$2,265
      The affordability of the housing market in Elsmere, KY as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Elsmere homeowners, the median income is $103,641. This indicates that a monthly maximum of $2,418 should be spent by homeowners on all housing related costs. Renters have a median income of $75,489. This indicates that renters would have a maximum of $1,761 for their rent related monthly costs.

      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.
      Shawnee, OH1,081954.8%
      Plainville, OH159973.4%
      Petersburg, KY375954.8%
      Elizabethtown, OH2957524.9%
      Hooven, OH3367722.7%
      Elsmere, KY8,876918.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Dayton, TX8,874928.4%
      Clayton, NJ8,87811110.8%
      Whitehouse, TX8,8781000.3%
      Berthoud, CO8,87913131.1%
      Bennington, VT8,8801032.7%
      Elsmere, KY8,876918.9%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026