What is the cost of living in Madisonville, KY?
According to the most recent data on the cost of living, Madisonville has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Madisonville has a cost of living index that's 1.0x lower than Kentucky's index of 89.
The standard of living in Madisonville ranks as #26 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Madisonville ranks as the #59 most expensive place in the Bluegrass State.
For more reading on life in Madisonville, check out:
Madisonville Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Madisonville. Here is how it fares on each of the criteria:
The Services index in Madisonville is 97.
The Groceries index in Madisonville is 100.
The Health index in Madisonville is 69.
The Housing index in Madisonville is 97.
The Transportation index in Madisonville is 98.
The Utilities index in Madisonville is 98.
| Living Expense | Madisonville | Kentucky | National Average |
|---|---|---|---|
| Overall | 89 | 89 | 100 |
| Services | 97 | 100 | 100 |
| Groceries | 100 | 98 | 100 |
| Health | 69 | 68 | 100 |
| Housing | 97 | 98 | 100 |
| Transportation | 98 | 95 | 100 |
| Utilities | 98 | 96 | 100 |
Madisonville Cost Of Living Compared To Kentucky Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Kentucky, check out:
Protect your home budget Compare home warranties in Madisonville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Madisonville, 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 2020-2024. The key points are:
The Median Home Value in Madisonville is $159,337.
The Median Rent in Madisonville is $838.
The Median Income in Madisonville is $53,860.
The Home Value To Income in Madisonville is 3.0x.
The Rent To Monthly Income in Madisonville is 0.19x.
| Statistic | Madisonville | Kentucky | United States |
|---|---|---|---|
| Median Home Value | $159,337 | $231,894 | $332,700 |
| Median Rent | $838 | $967 | $1,413 |
| Median Income | $53,860 | $63,726 | $80,734 |
| Home Value To Income | 3.0x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.21x |
Madisonville, KY Costs By Category
Detailed Madisonville Services costs vs. Kentucky
| Item | Madisonville | Kentucky |
|---|---|---|
| Shampoo | $1.23 | $1.28 |
| Movie | $13.11 | $12.13 |
| Bowling | $16.17 | $18 |
| Haircut | $25.34 | $24.26 |
| Beauty Salon | $44.12 | $45.56 |
Detailed Madisonville Groceries costs vs. Kentucky
| Item | Madisonville | Kentucky |
|---|---|---|
| Ground Beef | $5.74 | $5.84 |
| Fried Chicken | $1.37 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.13 | $4.93 |
| Pizza | $11.24 | $12.09 |
| Beer | $9.75 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Madisonville Health costs vs. Kentucky
| Item | Madisonville | Kentucky |
|---|---|---|
| Optometrist | $94.06 | $125.68 |
| Doctor | $105.07 | $135.78 |
| Dentist | $103.51 | $113.29 |
Detailed Madisonville Transportation costs vs. Kentucky
| Item | Madisonville | Kentucky |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $50.23 | $59.92 |
Detailed Madisonville Utilities costs vs. Kentucky
| Item | Madisonville | Kentucky |
|---|---|---|
| All Electricity | $259.32 | $193.99 |
| Phone | $189.86 | $192.25 |
Madisonville SnackAbility
Cost Of Living In Cities Around Madisonville
The cost of living varies in the cities and towns around Madisonville. Here's a quick look at the cost of living in the most populous nearby places:
Owensboro, KY has a cost of living index of 89, 1.0x Madisonville.
Elizabethtown, KY has a cost of living index of 93, 1.0x Madisonville.
Central, LA has a cost of living index of 105, 1.2x Madisonville.
| City | Population | Cost Of Living | Vs. Madisonville |
|---|---|---|---|
| Owensboro, KY | 60,302 | 89 | 1.0x |
| Elizabethtown, KY | 32,576 | 93 | 1.0x |
| Central, LA | 29,783 | 105 | 1.2x |
| Henderson, KY | 27,852 | 87 | 1.0x |
| Mount Vernon, IN | 6,400 | 91 | 1.0x |
| Princeton, KY | 6,241 | 82 | 0.9x |
