Cost of Living in Grayson, KY

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14%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
36%
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 Grayson Kentucky National
Cost of living8688100
Groceries9798100
Health care9497100
Housing6470100
Transportation9796100
Utilities9595100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare9294100
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Homes For Sale In Grayson, KY

property for sale

293 Love Dr

Grayson, KY
property for sale

110 Southview Ct

Grayson, KY
property for sale

415 Pine St

Grayson, KY
property for sale

208 Victoria Way

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

Cost Of Living Quick Facts

  • The cost of living in Grayson is 2% lower than the Kentucky average
  • The cost of living in Grayson is 14% lower than the national average
  • Grayson housing is 36% 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 Grayson

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Compare Grayson, 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$75,124$6,260$1,753$2,254
      Renters$22,049$1,837$514$662
      To approximate the cost of living and the housing affordability in Grayson, KY, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Grayson have a median income of $75,124. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,753 per month to avoid calamity and poverty. The renters in the city have an income of about $22,049, which would make their monthly maximum allowable rental costs $514.

      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.
      Wurtland, KY1,5108218.4%
      Olive Hill, KY1,6018217.8%
      Ironton, OH11,0948316.6%
      Raceland, KY2,2958416.5%
      Westwood, KY4,7528515.4%
      Grayson, KY4,0048613.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Owego, NY4,004955.4%
      Lewisburg, WV4,0031065.8%
      Windber, PA4,0058515.1%
      Dallastown, PA4,002927.7%
      Milton, VT4,00111413.8%
      Grayson, KY4,0048613.8%
      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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