Cost of Living in Melbourne, KY

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13%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
33%
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 Melbourne Kentucky National
Cost of living8788100
Groceries9798100
Health care9597100
Housing6770100
Transportation9596100
Utilities9595100
Lifestyle & Entertainment9395100
Household Items9797100
Education & Childcare9294100
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Homes For Sale In Melbourne, KY

property for sale

12 Harry Reinert Dr

Melbourne, KY
property for sale

2583 Nelson Rd

Melbourne, KY
property for sale

3547 Providence Trace Dr

Melbourne, KY
property for sale

Mary Ingles Hwy

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

Cost Of Living Quick Facts

  • The cost of living in Melbourne is 2% lower than the Kentucky average
  • The cost of living in Melbourne is 13% lower than the national average
  • Melbourne housing is 33% 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 Melbourne

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Compare Melbourne, KY Cost of Living

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      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$131,220$10,935$3,062$3,937
      Renters$0$0$0$0

      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.
      Plainville, OH159973.4%
      Dillonvale village, OH6678020.2%
      Elmwood Place, OH2,1328019.8%
      Moscow, OH988019.6%
      Arlington Heights, OH8558218.1%
      Melbourne, KY6358713.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wheatley, AR6358019.7%
      Pinehurst, GA6358416.1%
      Thayer, IL6358514.7%
      Killona, LA6358910.6%
      Sherman, MS6358613.6%
      Melbourne, KY6358713.4%
      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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