Cost Of Living in Salt Lick, KY

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18%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

51%

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	Salt Lick	Kentucky	National
Cost of living	82	88	100
Groceries	96	98	100
Health care	97	97	100
Housing	49	70	100
Transportation	98	96	100
Utilities	96	95	100
Lifestyle & Entertainment	93	95	100
Household Items	95	97	100
Education & Childcare	93	94	100

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Homes For Sale In Salt Lick, KY

16 Old Midland Trl

Salt Lick, KY

0 Spring Hollow RD

Owingsville, KY

67 Railroad St Lot 2

Salt Lick, KY

58 Pendleton Branch Rd

Olympia, KY

Cost Of Living Quick Facts

The cost of living in Salt Lick is 7% lower than the Kentucky average
The cost of living in Salt Lick is 18% lower than the national average
Salt Lick housing is 51% 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	$77,746	$6,479	$1,814	$2,333
Renters	$28,761	$2,397	$671	$863

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.
Farmers, KY	27	96	4.1%
Owingsville, KY	2,187	82	18.2%
Frenchburg, KY	890	82	17.7%
Jeffersonville, KY	1,997	84	15.8%
Camargo, KY	1,113	85	15.4%
Salt Lick, KY	344	82	18.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Coffeeville, AL	344	81	18.5%
Hackneyville, AL	344	75	24.5%
Manton, CA	344	140	39.7%
Tallulah Falls, GA	344	96	4.0%
Kapalua, HI	344	329	229.3%
Salt Lick, KY	344	82	18.1%