Cost of Living in Hillview, KY

Population 8,735 · Kentucky · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Hillview can reasonably expect a home to cost less than three years of household income — $180,000 against $65,732 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Geographically, Hillview sits roughly 8 miles southwest of Louisville/Jefferson County metro government (balance). Median home values run roughly 19% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 59
Rent 100

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

About the Cost of Living in Hillview

The median home value in Hillview is $180,300 — 41% below the national median of $305,000. Median rent runs $1,314/month, equal to than the national median of $1,314/month. The median household income of $65,732/year is 12% lower than the US median of $74,580. The local unemployment rate is 4.4%, 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%. Overall, Hillview has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$180,300
41% below avg
Zillow Home Value
$378,953
Zillow ZHVI
Median Rent
$1,314/mo
0% below avg
Price-to-Rent Ratio
11.4x
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 77.2%
Renter-occupied 22.8%

💰 Estimated Monthly Budget

Rent median rent
$1,314
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,928/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
26.0 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.6%

Commute Mode

Drove alone
74.6%
Carpooled
14.0%
Walked
2.5%
Work from home
8.6%

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
$65,732
12% below avg
Per Capita Income
$29,380
Unemployment Rate
4.4%
9% below avg
Poverty Rate
11.2%
Labor Force Participation
68.5%

🎓 Education

Bachelor's degree+ 14.5%
Graduate degree 4.2%

👥 Demographics

Median Age 35.9
Male median age 34.5
Female median age 38.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
79%
Good air days/yr
126
Max AQI recorded
0
PM2.5 days
238
Ozone days

Frequently Asked Questions

What is the cost of living in Hillview, KY?

Hillview has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Hillview, KY?

The median gross rent in Hillview is $1,314 per month based on 2023 Census data.

What is the average home price in Hillview?

The median home value in Hillview is $180,300 according to Zillow and Census data.

What is the median income in Hillview?

The median household income in Hillview is $65,732 per year (2023 ACS 5-year estimates).

What is the sales tax in Hillview, KY?

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

Is Hillview, KY affordable?

Yes, Hillview is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.