Cost of Living in Corbin, KY
Population 8,430 · Kentucky · Data vintage 2023
(100 = US avg)
Corbin is a smaller Kentucky community of around 8000 residents, where median household incomes of $51,795 and housing costs ($163,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Corbin is about 65 miles north of Knoxville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% lower than Knoxville's $214,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Corbin
The median home value in Corbin is $162,600 — 47% below the national median of $305,000. Median rent runs $686/month, 48% lower than the national median of $1,314/month. The median household income of $51,795/year is 31% lower than the US median of $74,580. The local unemployment rate is 6.3%, 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%. The climate averages highs of 67.5°F and lows of 46.2°F. Overall, Corbin has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.
Corbin has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 45 | 50 | 58 | 69 | 77 | 84 | 86 | 86 | 80 | 70 | 58 | 49 |
| Low °F | 27 | 30 | 36 | 45 | 54 | 62 | 66 | 65 | 58 | 45 | 36 | 30 |
| Precip" | 3.89 | 4.02 | 4.57 | 4.65 | 5.04 | 5.06 | 5.16 | 3.97 | 3.55 | 3.29 | 3.52 | 4.54 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Corbin, KY?
Corbin has a cost index of 53 (100 = national average). It is 47% below the national average.
What is average rent in Corbin, KY?
The median gross rent in Corbin is $686 per month based on 2023 Census data.
What is the average home price in Corbin?
The median home value in Corbin is $162,600 according to Zillow and Census data.
What is the median income in Corbin?
The median household income in Corbin is $51,795 per year (2023 ACS 5-year estimates).
What is the sales tax in Corbin, KY?
The combined state and local sales tax rate in Corbin is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Corbin, KY affordable?
Yes, Corbin is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.
What is the weather like in Corbin?
Corbin has average high temperatures of 67.5°F and average lows of 46.2°F. Annual precipitation is 51.3". Data from NOAA 1991–2020 Climate Normals.
Corbin at a Glance
- Population
- 8,430
- Median Income
- $51,795
- Home Value
- $162,600
- Median Rent
- $686/mo
- Unemployment
- 6.3%
- Avg High Temp
- 67.5°F
- Sales Tax
- 6.0%
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Explore county-level cost of living data
Kentucky Rankings
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