Cost of Living in Versailles, KY
Population 10,382 · Kentucky · Data vintage 2023
(100 = US avg)
Versailles is a smaller Kentucky community of around 10000 residents, where median household incomes of $58,834 and housing costs ($258,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Geographically, Versailles sits roughly 15 miles west of Lexington-Fayette urban county. Housing prices track closely with Lexington-Fayette urban county's $272,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Versailles
The median home value in Versailles is $257,600 — 16% below the national median of $305,000. Median rent runs $1,051/month, 20% lower than the national median of $1,314/month. The median household income of $58,834/year is 21% lower than the US median of $74,580. The local unemployment rate is 4.1%, 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 64.6°F and lows of 45.7°F. Overall, Versailles has a cost of living index of 83 versus the US average of 100, meaning it is 17% less 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 | 41 | 45 | 55 | 65 | 74 | 82 | 84 | 84 | 78 | 67 | 55 | 45 |
| Low °F | 25 | 28 | 35 | 45 | 55 | 62 | 66 | 64 | 57 | 46 | 36 | 29 |
| Precip" | 3.36 | 3.40 | 4.51 | 4.60 | 5.71 | 4.25 | 4.78 | 3.41 | 3.11 | 3.75 | 3.20 | 4.03 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Versailles, KY?
Versailles has a cost index of 83 (100 = national average). It is 17% below the national average.
What is average rent in Versailles, KY?
The median gross rent in Versailles is $1,051 per month based on 2023 Census data.
What is the average home price in Versailles?
The median home value in Versailles is $257,600 according to Zillow and Census data.
What is the median income in Versailles?
The median household income in Versailles is $58,834 per year (2023 ACS 5-year estimates).
What is the sales tax in Versailles, KY?
The combined state and local sales tax rate in Versailles is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Versailles, KY affordable?
Yes, Versailles is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.
What is the weather like in Versailles?
Versailles has average high temperatures of 64.6°F and average lows of 45.7°F. Annual precipitation is 48.1". Data from NOAA 1991–2020 Climate Normals.
Versailles at a Glance
- Population
- 10,382
- Median Income
- $58,834
- Home Value
- $257,600
- Median Rent
- $1,051/mo
- Unemployment
- 4.1%
- Avg High Temp
- 64.6°F
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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