Cost of Living in Elizabethtown, KY

Population 31,870 · Kentucky · Data vintage 2023

71
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Elizabethtown's cost indicators track within a reasonable band of national figures, with median household incomes near $56,250 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Elizabethtown is about 35 miles southwest of Louisville/Jefferson County metro government (balance), the nearest large metro. Housing prices track closely with Louisville/Jefferson County metro government (balance)'s $222,000 median.

Cost Overview

Housing 73
Rent 67

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

About the Cost of Living in Elizabethtown

The median home value in Elizabethtown is $223,200 — 27% below the national median of $305,000. Median rent runs $876/month, 33% lower than the national median of $1,314/month. The median household income of $56,250/year is 25% lower than the US median of $74,580. The local unemployment rate is 5.5%, 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, Elizabethtown has a cost of living index of 71 versus the US average of 100, meaning it is 29% less expensive.

🏠 Housing

Median Home Value
$223,200
27% below avg
Zillow Home Value
$265,179
Zillow ZHVI
Median Rent
$876/mo
33% below avg
Zillow Rent
$1,326/mo
Zillow ZORI
Price-to-Rent Ratio
21.2x
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 49.6%
Renter-occupied 50.4%

💰 Estimated Monthly Budget

Rent median rent
$876
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,490/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
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.2%

Commute Mode

Drove alone
81.2%
Carpooled
9.2%
Public transit
0.2%
Walked
1.1%
Bicycle
0.1%
Work from home
5.2%

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
$56,250
25% below avg
Per Capita Income
$36,392
Unemployment Rate
5.5%
15% above avg
Poverty Rate
15.7%
Labor Force Participation
61.9%

🎓 Education

Bachelor's degree+ 16.7%
Graduate degree 11.6%

👥 Demographics

Median Age 37.7
Male median age 37.6
Female median age 37.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
61.6%
Good air days/yr
151
Max AQI recorded
249
PM2.5 days
116
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

89.4%
4-Year Graduation Rate
17:1
Student-teacher ratio
33
Public schools
17,808
Total enrollment

Frequently Asked Questions

What is the cost of living in Elizabethtown, KY?

Elizabethtown has a cost index of 71 (100 = national average). It is 29% below the national average.

What is average rent in Elizabethtown, KY?

The median gross rent in Elizabethtown is $876 per month based on 2023 Census data.

What is the average home price in Elizabethtown?

The median home value in Elizabethtown is $223,200 according to Zillow and Census data.

What is the median income in Elizabethtown?

The median household income in Elizabethtown is $56,250 per year (2023 ACS 5-year estimates).

What is the sales tax in Elizabethtown, KY?

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

Is Elizabethtown, KY affordable?

Yes, Elizabethtown is generally considered affordable, with a cost of living index of 71 — about 29% below the US national average of 100.

Elizabethtown at a Glance

Population
31,870
Median Income
$56,250
Home Value
$223,200
Median Rent
$876/mo
Unemployment
5.5%
Sales Tax
6.0%
View all cities in Kentucky →
🗺️ County data for Kentucky

Explore county-level cost of living data

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