Cost of Living in St. Matthews, KY
Population 17,491 · Kentucky · Data vintage 2023
(100 = US avg)
St. Matthews is a smaller Kentucky community of around 17000 residents, where median household incomes of $80,716 and housing costs ($326,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
St. Matthews sits roughly 6 miles north 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 47% higher than Louisville/Jefferson County metro government (balance)'s $222,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in St. Matthews
The median home value in St. Matthews is $325,700 — 7% above the national median of $305,000. Median rent runs $1,253/month, 5% lower than the national median of $1,314/month. The median household income of $80,716/year is 8% higher 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%. The climate averages highs of 67.2°F and lows of 48.3°F. Overall, St. Matthews has a cost of living index of 102 versus the US average of 100, meaning it is 2% more 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 43 | 48 | 57 | 69 | 77 | 85 | 88 | 87 | 81 | 69 | 57 | 46 |
| Low °F | 27 | 30 | 38 | 48 | 57 | 66 | 69 | 68 | 60 | 48 | 38 | 31 |
| Precip" | 3.28 | 3.27 | 4.37 | 4.69 | 5.16 | 4.68 | 4.56 | 3.53 | 3.61 | 3.65 | 3.44 | 3.88 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in St. Matthews, KY?
St. Matthews has a cost index of 102 (100 = national average). It is 2% above the national average.
What is average rent in St. Matthews, KY?
The median gross rent in St. Matthews is $1,253 per month based on 2023 Census data.
What is the average home price in St. Matthews?
The median home value in St. Matthews is $325,700 according to 2023 Census ACS data.
What is the median income in St. Matthews?
The median household income in St. Matthews is $80,716 per year (2023 ACS 5-year estimates).
What is the sales tax in St. Matthews, KY?
The combined state and local sales tax rate in St. Matthews is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is St. Matthews, KY affordable?
St. Matthews is near the national average in terms of cost of living, with an index of 102 (100 = US average).
What is the weather like in St. Matthews?
St. Matthews has average high temperatures of 67.2°F and average lows of 48.3°F. Annual precipitation is 48.1". Data from NOAA 1991–2020 Climate Normals.
St. Matthews at a Glance
- Population
- 17,491
- Median Income
- $80,716
- Home Value
- $325,700
- Median Rent
- $1,253/mo
- Unemployment
- 4.0%
- Avg High Temp
- 67.2°F
- Sales Tax
- 6.0%
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