Cost of Living in Winchester, KY
Population 19,133 · Kentucky · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Winchester a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $180,000.
Winchester sits roughly 15 miles east of Lexington-Fayette urban county — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 34% lower than Lexington-Fayette urban county's $272,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Winchester
The median home value in Winchester is $180,400 — 41% below the national median of $305,000. Median rent runs $867/month, 34% lower than the national median of $1,314/month. The median household income of $57,653/year is 23% lower than the US median of $74,580. The local unemployment rate is 5.2%, 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, Winchester has a cost of living index of 62 versus the US average of 100, meaning it is 38% 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Winchester, KY?
Winchester has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Winchester, KY?
The median gross rent in Winchester is $867 per month based on 2023 Census data.
What is the average home price in Winchester?
The median home value in Winchester is $180,400 according to Zillow and Census data.
What is the median income in Winchester?
The median household income in Winchester is $57,653 per year (2023 ACS 5-year estimates).
What is the sales tax in Winchester, KY?
The combined state and local sales tax rate in Winchester is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Winchester, KY affordable?
Yes, Winchester is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
Winchester at a Glance
- Population
- 19,133
- Median Income
- $57,653
- Home Value
- $180,400
- Median Rent
- $867/mo
- Unemployment
- 5.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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