Cost of Living in Alexandria, KY

Population 10,430 · Kentucky · Data vintage 2023

82
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Alexandria sits on the smaller end of the Kentucky city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.3% points to a labor market well on the tight side of the national distribution.

Geographically, Alexandria sits roughly 14 miles southeast of Cincinnati. Median home values run roughly 18% higher than Cincinnati's $215,000.

Cost Overview

Housing 83
Rent 81

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Alexandria

The median home value in Alexandria is $253,400 — 17% below the national median of $305,000. Median rent runs $1,062/month, 19% lower than the national median of $1,314/month. The median household income of $103,750/year is 39% higher than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Kentucky's top state income tax rate is 4.0% and the combined sales tax is 6.0%. The climate averages highs of 65.4°F and lows of 44.2°F. Overall, Alexandria has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.

🏠 Housing

Median Home Value
$253,400
17% below avg
Zillow Home Value
$334,939
Zillow ZHVI
Median Rent
$1,062/mo
19% below avg
Price-to-Rent Ratio
19.9x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$636
1 BR
$721
2 BR
$872
3 BR
$1,187
4 BR
$1,336
Owner-occupied 94.1%
Renter-occupied 5.9%

💰 Estimated Monthly Budget

Rent median rent
$1,062
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,676/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.9 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.8%

Commute Mode

Drove alone
78.5%
Carpooled
6.2%
Public transit
0.3%
Walked
0.7%
Work from home
13.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.0%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$103,750
39% above avg
Per Capita Income
$41,759
Unemployment Rate
2.3%
53% below avg
Poverty Rate
6.4%
Labor Force Participation
69.8%

🎓 Education

Bachelor's degree+ 23.1%
Graduate degree 13.3%

👥 Demographics

Median Age 38.3
Male median age 37.6
Female median age 39.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.4°F
Avg Low
44.2°F
Annual Precip
43.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414555677583878680685545
Low °F 242633435361656456443428
Precip" 2.862.793.944.374.704.614.393.393.073.052.913.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65%
Good air days/yr
187
Max AQI recorded
248
PM2.5 days
112
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
16.5:1
Student-teacher ratio
10
Public schools
5,203
Total enrollment

Frequently Asked Questions

What is the cost of living in Alexandria, KY?

Alexandria has a cost index of 82 (100 = national average). It is 18% below the national average.

What is average rent in Alexandria, KY?

The median gross rent in Alexandria is $1,062 per month based on 2023 Census data.

What is the average home price in Alexandria?

The median home value in Alexandria is $253,400 according to Zillow and Census data.

What is the median income in Alexandria?

The median household income in Alexandria is $103,750 per year (2023 ACS 5-year estimates).

What is the sales tax in Alexandria, KY?

The combined state and local sales tax rate in Alexandria is 6.0%. The Kentucky state income tax top rate is 4.0%.

Is Alexandria, KY affordable?

Yes, Alexandria is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.

What is the weather like in Alexandria?

Alexandria has average high temperatures of 65.4°F and average lows of 44.2°F. Annual precipitation is 43.4". Data from NOAA 1991–2020 Climate Normals.

Alexandria at a Glance

Population
10,430
Median Income
$103,750
Home Value
$253,400
Median Rent
$1,062/mo
Unemployment
2.3%
Avg High Temp
65.4°F
Sales Tax
6.0%
View all cities in Kentucky →
🗺️ County data for Kentucky

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs