Cost of Living in Laurel County, KY

What does it cost to live in Laurel County? Income, housing, and affordability breakdown.

Median Income

$53,693

Median Rent

$772/mo

Median Home

$141,300

Affordability

539

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$714
Property Tax$69
Insurance$47

Total Monthly$830
% of Income18.6%

Renting

Median Rent$772
Renter's Insurance$25

Total Monthly$797
% of Income17.3%

Living in Laurel County, Kentucky

Laurel County has a median household income of $53,693 with housing costs that represent 18.6% of income for owners and 17.3% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 539 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Kentucky

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.