Cost of Living in Farley, KY

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18%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
52%
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 Farley Kentucky National
Cost of living8288100
Groceries9798100
Health care9697100
Housing4870100
Transportation9996100
Utilities9895100
Lifestyle & Entertainment9595100
Household Items9997100
Education & Childcare9694100
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Homes For Sale In Farley, KY

property for sale

2211 Dixie Ave

Paducah, KY
property for sale

2145 Dixie Ave

Paducah, KY
property for sale

1911 Husband Rd

Paducah, KY
property for sale

1740 Husband Rd

Paducah, KY

Cost Of Living Quick Facts

  • The cost of living in Farley is 7% lower than the Kentucky average
  • The cost of living in Farley is 18% lower than the national average
  • Farley housing is 52% 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 Farley

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Compare Farley, KY Cost of Living

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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$65,198$5,433$1,521$1,956
      Renters$47,426$3,952$1,107$1,423
      A good indicator of the general affordability of housing in Farley, KY, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Farley, the median monthly income is $65,198 for those who own their own homes. Under the standard rule, that income level would allow for $1,521 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $47,426, per the median income in the area. That would allow for renters to spend up to $1,107 on monthly rental expenses.

      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.
      Lovelaceville, KY0973.0%
      Joppa, IL2717821.9%
      Lowes, KY847921.2%
      Brookport, IL8498118.9%
      Burna, KY688218.0%
      Farley, KY4,5888217.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mount Vernon, IA4,587963.9%
      Park Layne, OH4,5878415.8%
      Fabens, TX4,5878218.5%
      Northfield, VT4,5891000.1%
      Winnfield, LA4,5868118.7%
      Farley, KY4,5888217.8%
      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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