Paducah, KY Cost Of Living
Cost Of Living In Paducah, KY Summary
Cost of living in Paducah research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Paducah is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Paducah is 88, with 100 being the average.
The cost of living index in Paducah is 0.9x lower than the national average.
Paducah ranks as the #27 cheapest in Kentucky out of 85.
Paducah ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Paducah is $125,800.
The median income in Paducah is $42,024.
Table Of Contents
Paducah's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Paducah, KY?
According to the most recent data on the cost of living, Paducah has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Paducah has a cost of living index that's 0.9x lower than Kentucky's index of 94.
The standard of living in Paducah ranks as #27 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Paducah ranks as the #58 most expensive place in the Bluegrass State.
For more reading on life in Paducah, check out:
- Living In Paducah
- Paducah Crime Report
- Search Homes For Sale In Paducah, KY
In Kentucky
In America
Paducah Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Paducah. Here is how it fairs on each of the criteria:
The Services index in Paducah is 95.
The Groceries index in Paducah is 95.
The Health index in Paducah is 93.
The Housing index in Paducah is 60.
The Transportation index in Paducah is 97.
The Utilities index in Paducah is 112.
| Living Expense | Paducah | Kentucky | National Average | |
|---|---|---|---|---|
| Overall | 88 | 94 | 100 | |
| Services | 95 | 105 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 93 | 79 | 100 | |
| Housing | 60 | 75 | 100 | |
| Transportation | 97 | 102 | 100 | |
| Utilities | 112 | 106 | 100 | |
Paducah, KY Housing Cost Breakdown
Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Paducah is $125,800.
The Median Rent in Paducah is $738.
The Median Income in Paducah is $42,024.
The Home Value To Income in Paducah is 3.0x.
The Rent To Monthly Income in Paducah is 0.21x.
| Statistic | Paducah | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $125,800 | $155,100 | $244,900 |
| Median Rent | $738 | $826 | $1,163 |
| Median Income | $42,024 | $55,454 | $69,021 |
| Home Value To Income | 3.0x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Paducah, KY Costs By Category
Detailed Paducah Services Costs Vs. Kentucky
Detailed Paducah Groceries Costs Vs. Kentucky
Detailed Paducah Health Costs Vs. Kentucky
Detailed Paducah Transportation Costs Vs. Kentucky
Detailed Paducah Utilities Costs Vs. Kentucky
Paducah SnackAbility
/10
Cost Of Living In Cities Around Paducah
The cost of living varies in the cities and towns around Paducah. Here's a quick look at the cost of living in the most populous nearby places:
Metropolis, IL has a cost of living index of 84, 1.0x Paducah.
| City | Population | Cost Of Living | Vs. Paducah |
|---|---|---|---|
| Metropolis, IL | 6,032 | 84 | 1.0x |
