Cost of Living in Crestview Hills, KY

Population 3,226 · Kentucky · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Crestview Hills is a smaller Kentucky community of around 3000 residents, where median household incomes of $106,375 and housing costs ($263,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 9 miles southwest of Cincinnati, Crestview Hills falls within that metro's commuting orbit. Median home values run roughly 22% higher than Cincinnati's $215,000.

Cost Overview

Housing 86
Rent 104

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

About the Cost of Living in Crestview Hills

The median home value in Crestview Hills is $263,000 — 14% below the national median of $305,000. Median rent runs $1,370/month, 4% higher than the national median of $1,314/month. The median household income of $106,375/year is 43% higher than the US median of $74,580. The local unemployment rate is 6.1%, 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, Crestview Hills has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$263,000
14% below avg
Zillow Home Value
$220,059
Zillow ZHVI
Median Rent
$1,370/mo
4% above avg
Price-to-Rent Ratio
16.0x
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 73.7%
Renter-occupied 26.3%

💰 Estimated Monthly Budget

Rent median rent
$1,370
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,984/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
18.0 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.8%

Commute Mode

Drove alone
76.2%
Carpooled
3.9%
Walked
6.4%
Bicycle
0.7%
Work from home
11.8%

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
$106,375
43% above avg
Per Capita Income
$45,201
Unemployment Rate
6.1%
27% above avg
Poverty Rate
9.4%
Labor Force Participation
66.1%

🎓 Education

Bachelor's degree+ 35.5%
Graduate degree 13.7%

👥 Demographics

Median Age 38.6
Male median age 35
Female median age 40.2

🌤 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 Crestview Hills, KY?

Crestview Hills has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Crestview Hills, KY?

The median gross rent in Crestview Hills is $1,370 per month based on 2023 Census data.

What is the average home price in Crestview Hills?

The median home value in Crestview Hills is $263,000 according to Zillow and Census data.

What is the median income in Crestview Hills?

The median household income in Crestview Hills is $106,375 per year (2023 ACS 5-year estimates).

What is the sales tax in Crestview Hills, KY?

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

Is Crestview Hills, KY affordable?

Crestview Hills is near the national average in terms of cost of living, with an index of 93 (100 = US average).

What is the weather like in Crestview Hills?

Crestview Hills 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.

Crestview Hills at a Glance

Population
3,226
Median Income
$106,375
Home Value
$263,000
Median Rent
$1,370/mo
Unemployment
6.1%
Avg High Temp
64.4°F
Sales Tax
6.0%
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