Louisville, KY, cost of living

How Much Does It Cost to Live in Louisville, KY?

What is the average cost of living in Louisville, KY?


The average cost of living in Louisville, KY, is $1635 per month.

Louisville is the largest city in Kentucky, the sixteenth largest in the country, and one of Kentucky’s best places to live. Louisville is mainly known for its horse racing and its delicious fried chicken. The first reported horse races occurred on Market Street in the late 1700s, before constructing racecourses such as Elm Tree Gardens and Oakland Race Course, which were predecessors to Churchill Downs. In addition, Louisville is home to Yum Brands, one of the world’s largest fast-food companies. The company owns KFC, Pizza Hut, and Taco Bell. The cost of living in Louisville, KY, is generally lower than the national average, making the city affordable. Want to know more? Here’s the cost of living in Louisville.

Cost of living in Louisville, KY - 2021

Housing Cost in Louisville, KY

Louisville has a thriving real estate market. As with every city, housing prices vary depending on location and size. However, housing costs in Louisville, KY, are relatively cheap. The median cost for a single-family home is $225,000 in Louisville. With about 40% of its population living in rented apartments, Louisville offers a cheaper rental than the national average.  The average cost for a 1-bedroom is $1,000, a 2-bedroom is $1,300, and a 3-bedroom apartment is $1,400 in Louisville. Louisville is also one of the best cities to retire in as it offers exceptionally reliable and affordable assisted living options to senior citizens.

(*Apartment List & Numbeo)

What is the average cost of assisted living in Louisville, KY?


The average cost of assisted living in Louisville, KY, is $3,500 per month.

What is the median home price in Louisville, KY?


The median home price in Louisville, KY, is $225,000 per month.

What is the average rent in Louisville, KY?


The average rent in Louisville, KY, is $1,300 per month for a 2-bed apartment.

Average Cost of Utilities

Electricity Costs in Louisville, KY

As with almost everything else, electricity costs in Louisville, KY, are lower when compared to the rest of the country. Although Louisville practices deregulated electricity supply, residents can buy power from any company of their choice; utility company Louisville Gas & Electric, or LG&E, is still considered the primary electricity provider in Louisville. On average, electricity in Louisville typically costs $0.08 per kilowatt-hour (kWh). Even though this is a relatively low electricity price, your bill is not solely based on how much electricity costs, but also on how much of it you use. On average, a household consumes 1,130kWh/month.

(*Electricity local)

How much does electricity cost in Louisville?


The average cost of electricity in Louisville is $90 per month.

Internet Costs in Louisville, KY

The internet costs in Louisville, KY, depend on your internet provider and type of internet connection which could be fiber-optic, cable, or satellite. Below is a chart showing the various internet types, their speeds, and their estimated costs.

Home Services

Type of Internet Connection

Mbps (speed)








Satellite Internet

10 GB data



How much does internet cost in Louisville, KY?


In Louisville, KY, internet costs an average of $41 per month.

Cost of Public Transport in Louisville, KY

Here’s an overview of what transportation costs in Louisville, KY.

How much does it cost to ride the TARC?


A single TARC cash ride cost $1.75

TARC Fares

In Louisville, KY, public transportation is provided by the Transit Authority of River City (TARC), which operates in Bullitt, Jefferson, and Oldham counties in Kentucky, as well as Floyd and Clark counties in Indiana. TARC operates a fleet of over 200 buses.

Type of pass/ticket


Single Ride 



Single Ride 

MyTARC smartcard


10-Trip Pass


24-Hour Pass


7-Day Pass


30-Day Pass



Five and under


(*Ride TARC)

Entertaiment Costs in Louisville, KY

As the largest city in Kentucky, Louisville offers an array of fun and exciting things ranging from sports to walks in the park to dining or seeing a movie. Entertainment costs in Louisville, KY, vary from free to cheap to affordable, depending on what activities you decide on doing.

Type of activity 

Cost per month

Meal for 1 person at a mid-range restaurant + domestic 2 beers


Gym membership 


Movie theatre ticket



How much does entertainment cost in Louisville, KY?


In Louisville, KY, it costs $75 per month for entertainment.

Grocery Costs in Louisville, KY

The low cost of living in Louisville is also reflected in the groceries. When compared to the national average, grocery costs in Louisville, KY, are much lower. Louisville also performs better than most cities in the country when it comes to affordable groceries. Below is an average of 2 weeks’ worth of grocery costs in Louisville, KY.





Loaf of bread






Local Cheese






Fruits and Vegetables





$75 ($150 for 1 month)


How much do groceries cost in Louisville, KY?


In Louisville, KY, groceries cost $150 per person per month.

Healthcare Costs in Louisville, KY

Healthcare costs in Louisville, KY, are in accordance with the state’s policies. Medicare and Medicaid provide coverage to residents of Louisville and all of Kentucky state. As a result of the Obamacare or Affordable Care Act (ACA), the state expanded Medicaid coverage to include individuals and families whose incomes were close to the federal poverty guideline. It also made healthcare more accessible to those with pre-existing health conditions. Kentucky’s health-insurance premiums average $470. Typically, employers are required to contribute at least 50% of employee health insurance premiums. Residents can also get estimated quotes for healthcare on the Healthcare.gov website.

What is the average cost of health insurance per month in Louisville, KY?


The average cost of health insurance per month in Louisville, KY, is $235.

Taxes in Louisville, KY

Taxes in Louisville, KY, are regulated by the Kentucky Department of Revenue. In Louisville, property taxes are 0.83% of the assessed home value whereas sales tax is 6%.

What is the sales tax in Louisville, KY?


The sales tax in Louisville, KY, is 6%.


Louisville, Kentucky, is undoubtedly an affordable place to live. The cost of living sits below the national average and below that of many other cities in the country. No wonder people consider moving to Kentucky a “no brainer.” Louisville is not only a cheap city to live in; it has a fun and safe environment. Louisville also offers excellent employment opportunities in diverse industries such as shipping and logistics, healthcare and medical science, product manufacturing, and entrepreneurship.

Are you planning to move to Louisville soon? Make your move easier by hiring one of the best moving companies in Louisville. Save yourself from the hassle or all the heavy lifting and choose to move in comfort.


Average Monthly Cost of living in Louisville, KY

Illustrations-Mes changements d’adresse (1)





Average rent price for a 1 bedroom



Louisville Gas & Electric



Fiber 300 Mbps



30-Day Pass



Restaurant, movie & gym



Fresh produce & refrigerated items X2


Health Insurance

Through employer





Note: If you are sharing cost with someone, it will be significantly lower. Also, if you are budgeting for a family, you’ll need to add the cost of each family member.

This is an approximation. Price will vary.

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