Cost of Living in Stanton, KY

Population 3,211 · Kentucky · Data vintage 2023

50
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $29,141, median household incomes in Stanton land roughly 61% below the US median, a gap that tends to persist across local labor-market indicators. Around 28% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Stanton is about 35 miles east of Lexington-Fayette urban county, the nearest large metro. Median home values run roughly 53% lower than Lexington-Fayette urban county's $272,000.

Cost Overview

Housing 42
Rent 62

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

About the Cost of Living in Stanton

The median home value in Stanton is $127,200 — 58% below the national median of $305,000. Median rent runs $820/month, 38% lower than the national median of $1,314/month. The median household income of $29,141/year is 61% lower than the US median of $74,580. The local unemployment rate is 6.2%, 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, Stanton has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$127,200
58% below avg
Zillow Home Value
$164,941
Zillow ZHVI
Median Rent
$820/mo
38% below avg
Price-to-Rent Ratio
12.9x
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 55.4%
Renter-occupied 44.6%

💰 Estimated Monthly Budget

Rent median rent
$820
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,434/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
28.0 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.8%

Commute Mode

Drove alone
79.6%
Carpooled
11.4%
Walked
3.2%
Work from home
5.8%

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
$29,141
61% below avg
Per Capita Income
$18,108
Unemployment Rate
6.2%
29% above avg
Poverty Rate
27.8%
Labor Force Participation
47.3%

🎓 Education

Bachelor's degree+ 5.7%
Graduate degree 5.1%

👥 Demographics

Median Age 36.1
Male median age 36.2
Female median age 36

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
16.4:1
Student-teacher ratio
6
Public schools
2,297
Total enrollment

Frequently Asked Questions

What is the cost of living in Stanton, KY?

Stanton has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Stanton, KY?

The median gross rent in Stanton is $820 per month based on 2023 Census data.

What is the average home price in Stanton?

The median home value in Stanton is $127,200 according to Zillow and Census data.

What is the median income in Stanton?

The median household income in Stanton is $29,141 per year (2023 ACS 5-year estimates).

What is the sales tax in Stanton, KY?

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

Is Stanton, KY affordable?

Yes, Stanton is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

Stanton at a Glance

Population
3,211
Median Income
$29,141
Home Value
$127,200
Median Rent
$820/mo
Unemployment
6.2%
Sales Tax
6.0%
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🗺️ County data for Kentucky

Explore county-level cost of living data

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