Cost of Living in Mount Sterling, KY
Population 7,549 · Kentucky · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Mount Sterling a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $178,000.
Geographically, Mount Sterling is about 30 miles east of Lexington-Fayette urban county, the nearest large metro. Median home values run roughly 35% lower than Lexington-Fayette urban county's $272,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mount Sterling
The median home value in Mount Sterling is $178,200 — 42% below the national median of $305,000. Median rent runs $564/month, 57% lower than the national median of $1,314/month. The median household income of $50,843/year is 32% 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%. Overall, Mount Sterling has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.
Mount Sterling 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Mount Sterling, KY?
Mount Sterling has a cost index of 52 (100 = national average). It is 48% below the national average.
What is average rent in Mount Sterling, KY?
The median gross rent in Mount Sterling is $564 per month based on 2023 Census data.
What is the average home price in Mount Sterling?
The median home value in Mount Sterling is $178,200 according to Zillow and Census data.
What is the median income in Mount Sterling?
The median household income in Mount Sterling is $50,843 per year (2023 ACS 5-year estimates).
What is the sales tax in Mount Sterling, KY?
The combined state and local sales tax rate in Mount Sterling is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Mount Sterling, KY affordable?
Yes, Mount Sterling is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.
Mount Sterling at a Glance
- Population
- 7,549
- Median Income
- $50,843
- Home Value
- $178,200
- Median Rent
- $564/mo
- Unemployment
- 4.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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