Cost of Living in Crescent Springs, KY

Population 4,402 · Kentucky · Data vintage 2023

84
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Crescent Springs 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. Unemployment has stayed elevated relative to the national figure — 6.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Crescent Springs sits roughly 7 miles southwest of Cincinnati. Median home values run roughly 34% higher than Cincinnati's $215,000.

Cost Overview

Housing 95
Rent 67

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

About the Cost of Living in Crescent Springs

The median home value in Crescent Springs is $289,300 — 5% below the national median of $305,000. Median rent runs $885/month, 33% lower than the national median of $1,314/month. The median household income of $76,530/year is 3% higher than the US median of $74,580. The local unemployment rate is 6.7%, 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 64.4°F and lows of 44.9°F, with about 23.3" of annual snowfall. Overall, Crescent Springs has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.

🏠 Housing

Median Home Value
$289,300
5% below avg
Zillow Home Value
$354,332
Zillow ZHVI
Median Rent
$885/mo
33% below avg
Price-to-Rent Ratio
27.2x
Favors renting
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 58.1%
Renter-occupied 41.9%

💰 Estimated Monthly Budget

Rent median rent
$885
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,499/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
24.2 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.8%

Commute Mode

Drove alone
76.1%
Carpooled
8.2%
Work from home
15.8%

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
$76,530
3% above avg
Per Capita Income
$49,262
Unemployment Rate
6.7%
40% above avg
Poverty Rate
2.4%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 23.0%
Graduate degree 18.6%

👥 Demographics

Median Age 40.3
Male median age 32.5
Female median age 47.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
44.9°F
Annual Precip
45.3"
Annual Snowfall
23.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404454667583868579675443
Low °F 232634445462666557463528
Precip" 3.303.174.164.534.674.753.833.433.113.353.233.73
Snow" 7.76.73.40.40.00.00.00.00.00.20.84.1

Frequently Asked Questions

What is the cost of living in Crescent Springs, KY?

Crescent Springs has a cost index of 84 (100 = national average). It is 16% below the national average.

What is average rent in Crescent Springs, KY?

The median gross rent in Crescent Springs is $885 per month based on 2023 Census data.

What is the average home price in Crescent Springs?

The median home value in Crescent Springs is $289,300 according to Zillow and Census data.

What is the median income in Crescent Springs?

The median household income in Crescent Springs is $76,530 per year (2023 ACS 5-year estimates).

What is the sales tax in Crescent Springs, KY?

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

Is Crescent Springs, KY affordable?

Yes, Crescent Springs is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.

What is the weather like in Crescent Springs?

Crescent Springs has average high temperatures of 64.4°F and average lows of 44.9°F. Annual precipitation is 45.3". Average annual snowfall is 23.3". Data from NOAA 1991–2020 Climate Normals.

Crescent Springs at a Glance

Population
4,402
Median Income
$76,530
Home Value
$289,300
Median Rent
$885/mo
Unemployment
6.7%
Avg High Temp
64.4°F
Sales Tax
6.0%
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Explore county-level cost of living data

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