Cost of Living in Pikeville, KY
Population 7,560 · Kentucky · Data vintage 2023
(100 = US avg)
Household incomes in Pikeville run well below national norms — a median of $39,216 versus the $74,580 US figure. Housing costs and rents do not fully compensate for the earnings difference. A poverty rate near 28% 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.
Located 110 miles east of Lexington-Fayette urban county, Pikeville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 11% higher 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 Pikeville
The median home value in Pikeville is $301,300 — 1% below the national median of $305,000. Median rent runs $840/month, 36% lower than the national median of $1,314/month. The median household income of $39,216/year is 47% lower than the US median of $74,580. The local unemployment rate is 3.2%, 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, Pikeville has a cost of living index of 85 versus the US average of 100, meaning it is 15% less expensive.
Pikeville 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Pikeville, KY?
Pikeville has a cost index of 85 (100 = national average). It is 15% below the national average.
What is average rent in Pikeville, KY?
The median gross rent in Pikeville is $840 per month based on 2023 Census data.
What is the average home price in Pikeville?
The median home value in Pikeville is $301,300 according to Zillow and Census data.
What is the median income in Pikeville?
The median household income in Pikeville is $39,216 per year (2023 ACS 5-year estimates).
What is the sales tax in Pikeville, KY?
The combined state and local sales tax rate in Pikeville is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Pikeville, KY affordable?
Yes, Pikeville is generally considered affordable, with a cost of living index of 85 — about 15% below the US national average of 100.
Pikeville at a Glance
- Population
- 7,560
- Median Income
- $39,216
- Home Value
- $301,300
- Median Rent
- $840/mo
- Unemployment
- 3.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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