Cost of Living: Owensboro, KY vs Louisville/Jefferson County metro government (balance), KY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Owensboro, KY versus $4,254/mo in Louisville/Jefferson County metro government (balance), KY. In the model, rent is about 13.11% of gross in Owensboro, KY versus 15.58% in Louisville/Jefferson County metro government (balance), KY, so Owensboro, KY tends to feel more affordable for rent.

Take-home in Owensboro, KY
$4,254/mo
Income level: above
Take-home in Louisville/Jefferson County metro government (balance), KY
$4,254/mo
Income level: near
Rent share (1BR) in Owensboro, KY
13.11%
COLI tier: mid-range
Rent share (1BR) in Louisville/Jefferson County metro government (balance), KY
15.58%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Owensboro, KY and Louisville/Jefferson County metro government (balance), KY.

At a glance

  • Cheaper overall (lower cost-of-living index): Louisville/Jefferson County metro government (balance), KY
  • Lower rent (median 1BR/2BR): Owensboro, KY
  • Lower home prices: Owensboro, KY
  • Higher median household income: Louisville/Jefferson County metro government (balance), KY

Cost of Living Index

Owensboro, KY: 100 (U.S. = 100) · Louisville/Jefferson County metro government (balance), KY: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Owensboro, KY: $855/mo (midpoint of 1BR/2BR) · Louisville/Jefferson County metro government (balance), KY: $1,016/mo

Median rent in Louisville/Jefferson County metro government (balance), KY is $161/mo higher than in Owensboro, KY.

Median Home Price

Owensboro, KY: $162,900 · Louisville/Jefferson County metro government (balance), KY: $221,500

Median home price in Louisville/Jefferson County metro government (balance), KY is $58,600 higher than in Owensboro, KY.

Median Household Income

Owensboro, KY: $53,295 · Louisville/Jefferson County metro government (balance), KY: $64,731

Louisville/Jefferson County metro government (balance), KY has a higher median household income than Owensboro, KY by $11,436.

Owensboro, KY overview · Louisville/Jefferson County metro government (balance), KY overview · Popular comparisons