Cost Of Living in Nebo, KY

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16%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

46%

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	Nebo	Kentucky	National
Cost of living	84	88	100
Groceries	99	98	100
Health care	98	97	100
Housing	54	70	100
Transportation	96	96	100
Utilities	97	95	100
Lifestyle & Entertainment	97	95	100
Household Items	96	97	100
Education & Childcare	93	94	100

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Homes For Sale In Nebo, KY

1740 Rabbit Ridge Rd

Nebo, KY

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Cost Of Living Quick Facts

The cost of living in Nebo is 5% lower than the Kentucky average
The cost of living in Nebo is 16% lower than the national average
Nebo housing is 46% 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

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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	$102,272	$8,523	$2,386	$3,068
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.
Onton, KY	18	94	5.6%
Wheatcroft, KY	160	75	24.6%
St. Charles, KY	312	77	23.5%
Providence, KY	3,074	79	21.4%
Earlington, KY	1,075	80	19.9%
Nebo, KY	167	84	16.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Tomales, CA	167	179	79.5%
Rock Falls, IA	167	89	10.8%
Westphalia, IA	167	84	16.0%
Ferris, IL	167	80	19.6%
Colburn, IN	167	86	14.4%
Nebo, KY	167	84	16.0%