Cost of Living in Maysville, KY

Population 8,778 · Kentucky · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $41,923, median household incomes in Maysville land roughly 44% below the US median, a gap that tends to persist across local labor-market indicators. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Maysville is about 50 miles southeast of Cincinnati, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 29% lower than Cincinnati's $215,000.

Cost Overview

Housing 50
Rent 53

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

About the Cost of Living in Maysville

The median home value in Maysville is $152,100 — 50% below the national median of $305,000. Median rent runs $700/month, 47% lower than the national median of $1,314/month. The median household income of $41,923/year is 44% lower than the US median of $74,580. The local unemployment rate is 4.9%, 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%. Overall, Maysville has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$152,100
50% below avg
Zillow Home Value
$156,314
Zillow ZHVI
Median Rent
$700/mo
47% below avg
Price-to-Rent Ratio
18.1x
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 55.3%
Renter-occupied 44.7%

💰 Estimated Monthly Budget

Rent median rent
$700
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,314/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
24.2 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.3%

Commute Mode

Drove alone
88.0%
Carpooled
2.6%
Walked
2.6%
Work from home
6.3%

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
$41,923
44% below avg
Per Capita Income
$30,717
Unemployment Rate
4.9%
2% above avg
Poverty Rate
23.8%
Labor Force Participation
55.3%

🎓 Education

Bachelor's degree+ 10.5%
Graduate degree 11.2%

👥 Demographics

Median Age 42.1
Male median age 40.9
Female median age 44.1

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
16.5:1
Student-teacher ratio
4
Public schools
2,777
Total enrollment

Frequently Asked Questions

What is the cost of living in Maysville, KY?

Maysville has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Maysville, KY?

The median gross rent in Maysville is $700 per month based on 2023 Census data.

What is the average home price in Maysville?

The median home value in Maysville is $152,100 according to Zillow and Census data.

What is the median income in Maysville?

The median household income in Maysville is $41,923 per year (2023 ACS 5-year estimates).

What is the sales tax in Maysville, KY?

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

Is Maysville, KY affordable?

Yes, Maysville is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

Maysville at a Glance

Population
8,778
Median Income
$41,923
Home Value
$152,100
Median Rent
$700/mo
Unemployment
4.9%
Sales Tax
6.0%
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Explore county-level cost of living data

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