Cost of Living in Elsmere, KY
Population 9,151 · Kentucky · Data vintage 2023
(100 = US avg)
Elsmere 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.
Located 11 miles southwest of Cincinnati, Elsmere falls within that metro's commuting orbit. Median home values run roughly 27% lower than Cincinnati's $215,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Elsmere
The median home value in Elsmere is $157,200 — 48% below the national median of $305,000. Median rent runs $1,303/month, 1% lower than the national median of $1,314/month. The median household income of $61,427/year is 18% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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, Elsmere has a cost of living index of 71 versus the US average of 100, meaning it is 29% less expensive.
Elsmere 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 44 | 54 | 66 | 75 | 83 | 86 | 85 | 79 | 67 | 54 | 43 |
| Low °F | 23 | 26 | 34 | 44 | 54 | 62 | 66 | 65 | 57 | 46 | 35 | 28 |
| Precip" | 3.30 | 3.17 | 4.16 | 4.53 | 4.67 | 4.75 | 3.83 | 3.43 | 3.11 | 3.35 | 3.23 | 3.73 |
| Snow" | 7.7 | 6.7 | 3.4 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.8 | 4.1 |
Frequently Asked Questions
What is the cost of living in Elsmere, KY?
Elsmere has a cost index of 71 (100 = national average). It is 29% below the national average.
What is average rent in Elsmere, KY?
The median gross rent in Elsmere is $1,303 per month based on 2023 Census data.
What is the average home price in Elsmere?
The median home value in Elsmere is $157,200 according to Zillow and Census data.
What is the median income in Elsmere?
The median household income in Elsmere is $61,427 per year (2023 ACS 5-year estimates).
What is the sales tax in Elsmere, KY?
The combined state and local sales tax rate in Elsmere is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Elsmere, KY affordable?
Yes, Elsmere is generally considered affordable, with a cost of living index of 71 — about 29% below the US national average of 100.
What is the weather like in Elsmere?
Elsmere 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.
Elsmere at a Glance
- Population
- 9,151
- Median Income
- $61,427
- Home Value
- $157,200
- Median Rent
- $1,303/mo
- Unemployment
- 6.0%
- Avg High Temp
- 64.4°F
- Sales Tax
- 6.0%
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