Cost of Living in Columbia, KY

Population 4,842 · Kentucky · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $45,221, median household incomes in Columbia land roughly 39% below the US median, a gap that tends to persist across local labor-market indicators. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Columbia lies roughly 75 miles south of the nearest major metro, Louisville/Jefferson County metro government (balance). Median home values run roughly 44% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 40
Rent 58

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

About the Cost of Living in Columbia

The median home value in Columbia is $123,500 — 60% below the national median of $305,000. Median rent runs $756/month, 42% lower than the national median of $1,314/month. The median household income of $45,221/year is 39% lower than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Kentucky's top state income tax rate is 4.0% and the combined sales tax is 6.0%. Overall, Columbia has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$123,500
60% below avg
Zillow Home Value
$162,319
Zillow ZHVI
Median Rent
$756/mo
42% below avg
Price-to-Rent Ratio
13.6x
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 43.7%
Renter-occupied 56.3%

💰 Estimated Monthly Budget

Rent median rent
$756
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,370/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
18.1 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.8%

Commute Mode

Drove alone
64.7%
Carpooled
14.4%
Walked
4.1%
Work from home
16.8%

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
$45,221
39% below avg
Per Capita Income
$28,077
Unemployment Rate
6.2%
28% above avg
Poverty Rate
22.5%
Labor Force Participation
48.6%

🎓 Education

Bachelor's degree+ 6.4%
Graduate degree 13.4%

👥 Demographics

Median Age 27.9
Male median age 28.3
Female median age 27

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
15.9:1
Student-teacher ratio
5
Public schools
2,763
Total enrollment

Frequently Asked Questions

What is the cost of living in Columbia, KY?

Columbia has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Columbia, KY?

The median gross rent in Columbia is $756 per month based on 2023 Census data.

What is the average home price in Columbia?

The median home value in Columbia is $123,500 according to Zillow and Census data.

What is the median income in Columbia?

The median household income in Columbia is $45,221 per year (2023 ACS 5-year estimates).

What is the sales tax in Columbia, KY?

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

Is Columbia, KY affordable?

Yes, Columbia is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

Columbia at a Glance

Population
4,842
Median Income
$45,221
Home Value
$123,500
Median Rent
$756/mo
Unemployment
6.2%
Sales Tax
6.0%
View all cities in Kentucky →
🗺️ County data for Kentucky

Explore county-level cost of living data

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