Cost of Living in Paris, KY
Population 10,107 · Kentucky · Data vintage 2023
(100 = US avg)
Paris 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.
Paris sits roughly 15 miles northeast of Lexington-Fayette urban county — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 33% 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 Paris
The median home value in Paris is $182,100 — 40% below the national median of $305,000. Median rent runs $728/month, 45% lower than the national median of $1,314/month. The median household income of $49,464/year is 34% 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, Paris has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
🏠 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 Paris, KY?
Paris has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Paris, KY?
The median gross rent in Paris is $728 per month based on 2023 Census data.
What is the average home price in Paris?
The median home value in Paris is $182,100 according to Zillow and Census data.
What is the median income in Paris?
The median household income in Paris is $49,464 per year (2023 ACS 5-year estimates).
What is the sales tax in Paris, KY?
The combined state and local sales tax rate in Paris is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Paris, KY affordable?
Yes, Paris is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
Paris at a Glance
- Population
- 10,107
- Median Income
- $49,464
- Home Value
- $182,100
- Median Rent
- $728/mo
- Unemployment
- 4.4%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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