Cost of Living in Shepherdsville, KY

Population 14,351 · Kentucky · Data vintage 2023

67
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Shepherdsville can reasonably expect a home to cost less than three years of household income — $202,000 against $71,250 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Shepherdsville sits roughly 13 miles south of Louisville/Jefferson County metro government (balance) — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 9% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 66
Rent 68

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

About the Cost of Living in Shepherdsville

The median home value in Shepherdsville is $202,300 — 34% below the national median of $305,000. Median rent runs $898/month, 32% lower than the national median of $1,314/month. The median household income of $71,250/year is 4% lower than the US median of $74,580. The local unemployment rate is 4.0%, 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, Shepherdsville has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.

🏠 Housing

Median Home Value
$202,300
34% below avg
Zillow Home Value
$283,013
Zillow ZHVI
Median Rent
$898/mo
32% below avg
Zillow Rent
$1,555/mo
Zillow ZORI
Price-to-Rent Ratio
18.8x
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 73.4%
Renter-occupied 26.6%

💰 Estimated Monthly Budget

Rent median rent
$898
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,512/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
25.1 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.0%

Commute Mode

Drove alone
79.0%
Carpooled
8.5%
Walked
1.6%
Bicycle
0.9%
Work from home
9.0%

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
$71,250
4% below avg
Per Capita Income
$30,508
Unemployment Rate
4.0%
16% below avg
Poverty Rate
20.6%
Labor Force Participation
69.4%

🎓 Education

Bachelor's degree+ 13.1%
Graduate degree 4.2%

👥 Demographics

Median Age 35.2
Male median age 34.5
Female median age 35.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
79%
Good air days/yr
126
Max AQI recorded
0
PM2.5 days
238
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
17.6:1
Student-teacher ratio
25
Public schools
13,330
Total enrollment

Frequently Asked Questions

What is the cost of living in Shepherdsville, KY?

Shepherdsville has a cost index of 67 (100 = national average). It is 33% below the national average.

What is average rent in Shepherdsville, KY?

The median gross rent in Shepherdsville is $898 per month based on 2023 Census data.

What is the average home price in Shepherdsville?

The median home value in Shepherdsville is $202,300 according to Zillow and Census data.

What is the median income in Shepherdsville?

The median household income in Shepherdsville is $71,250 per year (2023 ACS 5-year estimates).

What is the sales tax in Shepherdsville, KY?

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

Is Shepherdsville, KY affordable?

Yes, Shepherdsville is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.