Cost of Living in Crestwood, KY
Population 6,275 · Kentucky · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Crestwood a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $315,000. The labor market has been unusually tight, with unemployment around 3.0% — below most comparable cities in the state.
Located 15 miles northeast of Louisville/Jefferson County metro government (balance), Crestwood falls within that metro's commuting orbit. Median home values run roughly 42% higher than Louisville/Jefferson County metro government (balance)'s $222,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Crestwood
The median home value in Crestwood is $315,100 — 3% above the national median of $305,000. Median rent runs $1,100/month, 16% lower than the national median of $1,314/month. The median household income of $101,086/year is 36% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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%. Overall, Crestwood has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.
Crestwood 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Crestwood, KY?
Crestwood has a cost index of 95 (100 = national average). It is 5% below the national average.
What is average rent in Crestwood, KY?
The median gross rent in Crestwood is $1,100 per month based on 2023 Census data.
What is the average home price in Crestwood?
The median home value in Crestwood is $315,100 according to Zillow and Census data.
What is the median income in Crestwood?
The median household income in Crestwood is $101,086 per year (2023 ACS 5-year estimates).
What is the sales tax in Crestwood, KY?
The combined state and local sales tax rate in Crestwood is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Crestwood, KY affordable?
Crestwood is near the national average in terms of cost of living, with an index of 95 (100 = US average).
Crestwood at a Glance
- Population
- 6,275
- Median Income
- $101,086
- Home Value
- $315,100
- Median Rent
- $1,100/mo
- Unemployment
- 3.0%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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