Cost of Living in Mayfield, KY

Population 9,905 · Kentucky · Data vintage 2023

41
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Mayfield run well below national norms — a median of $41,458 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $114,000). A poverty rate near 31% 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.

Mayfield is about 75 miles west of Clarksville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 52% lower than Clarksville's $236,000.

Cost Overview

Housing 38
Rent 46

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

About the Cost of Living in Mayfield

The median home value in Mayfield is $114,400 — 62% below the national median of $305,000. Median rent runs $598/month, 54% lower than the national median of $1,314/month. The median household income of $41,458/year is 44% lower than the US median of $74,580. The local unemployment rate is 4.2%, 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, Mayfield has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.

🏠 Housing

Median Home Value
$114,400
62% below avg
Zillow Home Value
$157,360
Zillow ZHVI
Median Rent
$598/mo
54% below avg
Price-to-Rent Ratio
15.9x
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 64.1%
Renter-occupied 35.9%

💰 Estimated Monthly Budget

Rent median rent
$598
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,212/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
17.3 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.5%

Commute Mode

Drove alone
73.3%
Carpooled
12.1%
Public transit
0.2%
Walked
1.1%
Work from home
10.5%

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
$41,458
44% below avg
Per Capita Income
$29,759
Unemployment Rate
4.2%
14% below avg
Poverty Rate
30.6%
Labor Force Participation
57.6%

🎓 Education

Bachelor's degree+ 11.6%
Graduate degree 10.4%

👥 Demographics

Median Age 37.1
Male median age 35.7
Female median age 37.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.3°F
Avg Low
48.2°F
Annual Precip
50.3"
Annual Snowfall
8.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 455060707987909083725948
Low °F 273138485866696759483831
Precip" 3.853.944.645.174.874.514.303.113.553.994.094.30
Snow" 2.73.01.10.00.00.00.00.00.00.10.21.8

🏫 Schools

NCES CCD 2019 — public school district data

96.3%
4-Year Graduation Rate
16.9:1
Student-teacher ratio
14
Public schools
6,290
Total enrollment

Frequently Asked Questions

What is the cost of living in Mayfield, KY?

Mayfield has a cost index of 41 (100 = national average). It is 59% below the national average.

What is average rent in Mayfield, KY?

The median gross rent in Mayfield is $598 per month based on 2023 Census data.

What is the average home price in Mayfield?

The median home value in Mayfield is $114,400 according to Zillow and Census data.

What is the median income in Mayfield?

The median household income in Mayfield is $41,458 per year (2023 ACS 5-year estimates).

What is the sales tax in Mayfield, KY?

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

Is Mayfield, KY affordable?

Yes, Mayfield is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.

What is the weather like in Mayfield?

Mayfield 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.

Mayfield at a Glance

Population
9,905
Median Income
$41,458
Home Value
$114,400
Median Rent
$598/mo
Unemployment
4.2%
Avg High Temp
69.3°F
Sales Tax
6.0%
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