Cost of Living in Shively, KY

Population 15,556 · Kentucky · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Shively run well below national norms — a median of $46,522 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $139,000). Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Shively sits roughly 9 miles west 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 37% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 46
Rent 64

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

About the Cost of Living in Shively

The median home value in Shively is $139,200 — 54% below the national median of $305,000. Median rent runs $847/month, 36% lower than the national median of $1,314/month. The median household income of $46,522/year is 38% lower than the US median of $74,580. The local unemployment rate is 6.4%, 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, Shively has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$139,200
54% below avg
Median Rent
$847/mo
36% below avg
Price-to-Rent Ratio
13.7x
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 58.0%
Renter-occupied 42.0%

💰 Estimated Monthly Budget

Rent median rent
$847
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,461/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
24.5 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.8%

Commute Mode

Drove alone
74.9%
Carpooled
8.7%
Public transit
2.2%
Walked
0.2%
Work from home
11.8%

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
$46,522
38% below avg
Per Capita Income
$32,353
Unemployment Rate
6.4%
33% above avg
Poverty Rate
17.6%
Labor Force Participation
57.5%

🎓 Education

Bachelor's degree+ 9.6%
Graduate degree 3.1%

👥 Demographics

Median Age 46.3
Male median age 42.5
Female median age 47.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
33.7%
Good air days/yr
171
Max AQI recorded
269
PM2.5 days
94
Ozone days

Frequently Asked Questions

What is the cost of living in Shively, KY?

Shively has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Shively, KY?

The median gross rent in Shively is $847 per month based on 2023 Census data.

What is the average home price in Shively?

The median home value in Shively is $139,200 according to 2023 Census ACS data.

What is the median income in Shively?

The median household income in Shively is $46,522 per year (2023 ACS 5-year estimates).

What is the sales tax in Shively, KY?

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

Is Shively, KY affordable?

Yes, Shively is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.