Cost of Living in Fort Thomas, KY

Population 17,242 · Kentucky · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fort Thomas 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.

Geographically, Fort Thomas sits roughly 5 miles southeast of Cincinnati. Median home values run roughly 40% higher than Cincinnati's $215,000.

Cost Overview

Housing 99
Rent 83

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

About the Cost of Living in Fort Thomas

The median home value in Fort Thomas is $301,400 — 1% below the national median of $305,000. Median rent runs $1,095/month, 17% lower than the national median of $1,314/month. The median household income of $100,819/year is 35% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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, Fort Thomas has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$301,400
1% below avg
Zillow Home Value
$359,840
Zillow ZHVI
Median Rent
$1,095/mo
17% below avg
Zillow Rent
$1,390/mo
Zillow ZORI
Price-to-Rent Ratio
22.9x
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 70.2%
Renter-occupied 29.8%

💰 Estimated Monthly Budget

Rent median rent
$1,095
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,709/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
22.3 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.7%

Commute Mode

Drove alone
75.4%
Carpooled
6.3%
Public transit
1.1%
Walked
1.4%
Bicycle
0.2%
Work from home
14.7%

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
$100,819
35% above avg
Per Capita Income
$52,213
Unemployment Rate
3.4%
30% below avg
Poverty Rate
4.8%
Labor Force Participation
68.8%

🎓 Education

Bachelor's degree+ 32.6%
Graduate degree 23.1%

👥 Demographics

Median Age 37.9
Male median age 37.4
Female median age 38.4

🌤 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

96%
4-Year Graduation Rate
17.4:1
Student-teacher ratio
5
Public schools
3,177
Total enrollment

Frequently Asked Questions

What is the cost of living in Fort Thomas, KY?

Fort Thomas has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Fort Thomas, KY?

The median gross rent in Fort Thomas is $1,095 per month based on 2023 Census data.

What is the average home price in Fort Thomas?

The median home value in Fort Thomas is $301,400 according to Zillow and Census data.

What is the median income in Fort Thomas?

The median household income in Fort Thomas is $100,819 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Thomas, KY?

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

Is Fort Thomas, KY affordable?

Fort Thomas is near the national average in terms of cost of living, with an index of 93 (100 = US average).

What is the weather like in Fort Thomas?

Fort Thomas 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.

Fort Thomas at a Glance

Population
17,242
Median Income
$100,819
Home Value
$301,400
Median Rent
$1,095/mo
Unemployment
3.4%
Avg High Temp
65.4°F
Sales Tax
6.0%
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