Cost of Living in Dayton, KY

Population 5,703 · Kentucky · Data vintage 2023

61
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Dayton 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.

Dayton is part of the immediate Cincinnati metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 33% lower than Cincinnati's $215,000.

Cost Overview

Housing 47
Rent 83

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

About the Cost of Living in Dayton

The median home value in Dayton is $144,100 — 53% below the national median of $305,000. Median rent runs $1,086/month, 17% lower than the national median of $1,314/month. The median household income of $62,500/year is 16% lower than the US median of $74,580. The local unemployment rate is 4.5%, 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%. The climate averages highs of 65.4°F and lows of 44.2°F. Overall, Dayton has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.

🏠 Housing

Median Home Value
$144,100
53% below avg
Zillow Home Value
$719,005
Zillow ZHVI
Median Rent
$1,086/mo
17% below avg
Zillow Rent
$1,722/mo
Zillow ZORI
Price-to-Rent Ratio
11.1x
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 61.3%
Renter-occupied 38.7%

💰 Estimated Monthly Budget

Rent median rent
$1,086
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,700/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
22.8 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
67.7%
Carpooled
13.0%
Public transit
1.1%
Walked
5.8%
Bicycle
0.2%
Work from home
10.8%

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
$62,500
16% below avg
Per Capita Income
$38,080
Unemployment Rate
4.5%
6% below avg
Poverty Rate
18.3%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 8.2%

👥 Demographics

Median Age 39.2
Male median age 40.2
Female median age 35.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.4°F
Avg Low
44.2°F
Annual Precip
43.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414555677583878680685545
Low °F 242633435361656456443428
Precip" 2.862.793.944.374.704.614.393.393.073.052.913.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65%
Good air days/yr
187
Max AQI recorded
248
PM2.5 days
112
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
15.7:1
Student-teacher ratio
3
Public schools
1,003
Total enrollment

Frequently Asked Questions

What is the cost of living in Dayton, KY?

Dayton has a cost index of 61 (100 = national average). It is 39% below the national average.

What is average rent in Dayton, KY?

The median gross rent in Dayton is $1,086 per month based on 2023 Census data.

What is the average home price in Dayton?

The median home value in Dayton is $144,100 according to Zillow and Census data.

What is the median income in Dayton?

The median household income in Dayton is $62,500 per year (2023 ACS 5-year estimates).

What is the sales tax in Dayton, KY?

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

Is Dayton, KY affordable?

Yes, Dayton is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.

What is the weather like in Dayton?

Dayton has average high temperatures of 65.4°F and average lows of 44.2°F. Annual precipitation is 43.4". Data from NOAA 1991–2020 Climate Normals.

Dayton at a Glance

Population
5,703
Median Income
$62,500
Home Value
$144,100
Median Rent
$1,086/mo
Unemployment
4.5%
Avg High Temp
65.4°F
Sales Tax
6.0%
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