Cost of Living in Danville, KY
Population 17,235 · Kentucky · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Danville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $202,000. Unemployment has stayed elevated relative to the national figure — 6.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Danville is about 35 miles southwest of Lexington-Fayette urban county, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 26% lower than Lexington-Fayette urban county's $272,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Danville
The median home value in Danville is $202,200 — 34% below the national median of $305,000. Median rent runs $767/month, 42% lower than the national median of $1,314/month. The median household income of $53,370/year is 28% lower than the US median of $74,580. The local unemployment rate is 6.9%, 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, Danville has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.
🏠 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Danville, KY?
Danville has a cost index of 63 (100 = national average). It is 37% below the national average.
What is average rent in Danville, KY?
The median gross rent in Danville is $767 per month based on 2023 Census data.
What is the average home price in Danville?
The median home value in Danville is $202,200 according to Zillow and Census data.
What is the median income in Danville?
The median household income in Danville is $53,370 per year (2023 ACS 5-year estimates).
What is the sales tax in Danville, KY?
The combined state and local sales tax rate in Danville is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Danville, KY affordable?
Yes, Danville is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.
Danville at a Glance
- Population
- 17,235
- Median Income
- $53,370
- Home Value
- $202,200
- Median Rent
- $767/mo
- Unemployment
- 6.9%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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