Cost of Living in Owensboro, KY
2024 data from the Bureau of Economic Analysis
Cost Index
88.6
11.4% below avg
Housing Index
55.7
Median Income
$64,366
Median Rent
$874/mo
Cost Breakdown
Overall88.6 (-11.4%)
Housing55.7 (-44.3%)
Goods96.2 (-3.8%)
Utilities75.2 (-24.8%)
Other Services96.9 (-3.1%)
National average = 100
Income & Housing
Median Household Income
$64,366/year
Median Home Value
$164,600
Median Monthly Rent
$874/mo
Per Capita Income
$33,281/year
Compare Owensboro, KY With
Frequently Asked Questions
Is Owensboro, KY expensive to live in?
Owensboro, KY has a cost of living index of 88.6, which is 11.4% below the national average.
How much does housing cost in Owensboro, KY?
Housing costs in Owensboro, KY are indexed at 55.7 compared to the national average of 100. The median monthly rent is $874.
What is the average income in Owensboro, KY?
The median household income in Owensboro, KY is $64,366 per year.
What is the average home price in Owensboro, KY?
The median home value in Owensboro, KY is $164,600.