Cost of Living in Farley, KY
Population 4,402 · Kentucky · Data vintage 2023
(100 = US avg)
Household incomes in Farley run well below national norms — a median of $45,676 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $82,000). A poverty rate near 32% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Geographically, Farley lies roughly 75 miles west of the nearest major metro, Clarksville. Median home values run roughly 65% lower than Clarksville's $236,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Farley
The median home value in Farley is $82,400 — 73% below the national median of $305,000. Median rent runs $772/month, 41% lower than the national median of $1,314/month. The median household income of $45,676/year is 39% lower than the US median of $74,580. The local unemployment rate is 3.2%, 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 69.3°F and lows of 48.2°F, with about 8.9" of annual snowfall. Overall, Farley has a cost of living index of 40 versus the US average of 100, meaning it is 60% less expensive.
Farley 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 | 45 | 50 | 60 | 70 | 79 | 87 | 90 | 90 | 83 | 72 | 59 | 48 |
| Low °F | 27 | 31 | 38 | 48 | 58 | 66 | 69 | 67 | 59 | 48 | 38 | 31 |
| Precip" | 3.85 | 3.94 | 4.64 | 5.17 | 4.87 | 4.51 | 4.30 | 3.11 | 3.55 | 3.99 | 4.09 | 4.30 |
| Snow" | 2.7 | 3.0 | 1.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 1.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Farley, KY?
Farley has a cost index of 40 (100 = national average). It is 60% below the national average.
What is average rent in Farley, KY?
The median gross rent in Farley is $772 per month based on 2023 Census data.
What is the average home price in Farley?
The median home value in Farley is $82,400 according to 2023 Census ACS data.
What is the median income in Farley?
The median household income in Farley is $45,676 per year (2023 ACS 5-year estimates).
What is the sales tax in Farley, KY?
The combined state and local sales tax rate in Farley is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Farley, KY affordable?
Yes, Farley is generally considered affordable, with a cost of living index of 40 — about 60% below the US national average of 100.
What is the weather like in Farley?
Farley has average high temperatures of 69.3°F and average lows of 48.2°F. Annual precipitation is 50.3". Average annual snowfall is 8.9". Data from NOAA 1991–2020 Climate Normals.
Farley at a Glance
- Population
- 4,402
- Median Income
- $45,676
- Home Value
- $82,400
- Median Rent
- $772/mo
- Unemployment
- 3.2%
- Avg High Temp
- 69.3°F
- Sales Tax
- 6.0%
Explore county-level cost of living data
Kentucky Rankings
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