What is the cost of living in Murray, KY?
According to the most recent data on the cost of living, Murray has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Murray has a cost of living index that's 1.0x higher than Kentucky's index of 89.
The standard of living in Murray ranks as #45 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Murray ranks as the #40 most expensive place in the Bluegrass State.
For more reading on life in Murray, check out:
Murray Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Murray. Here is how it fares on each of the criteria:
The Services index in Murray is 100.
The Groceries index in Murray is 99.
The Health index in Murray is 82.
The Housing index in Murray is 95.
The Transportation index in Murray is 98.
The Utilities index in Murray is 96.
| Living Expense | Murray | Kentucky | National Average |
|---|---|---|---|
| Overall | 92 | 89 | 100 |
| Services | 100 | 100 | 100 |
| Groceries | 99 | 98 | 100 |
| Health | 82 | 68 | 100 |
| Housing | 95 | 98 | 100 |
| Transportation | 98 | 95 | 100 |
| Utilities | 96 | 96 | 100 |
Murray 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 Murray Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Murray, 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 Murray is $198,097.
The Median Rent in Murray is $870.
The Median Income in Murray is $44,091.
The Home Value To Income in Murray is 4.5x.
The Rent To Monthly Income in Murray is 0.24x.
Murray, KY Costs By Category
Detailed Murray Services costs vs. Kentucky
Detailed Murray Groceries costs vs. Kentucky
Detailed Murray Health costs vs. Kentucky
Detailed Murray Transportation costs vs. Kentucky
Murray SnackAbility
Cost Of Living In Cities Around Murray
The cost of living varies in the cities and towns around Murray. Here's a quick look at the cost of living in the most populous nearby places:
Hopkinsville, KY has a cost of living index of 87, 0.9x Murray.
Paducah, KY has a cost of living index of 89, 1.0x Murray.
Mayfield, KY has a cost of living index of 86, 0.9x Murray.
| City | Population | Cost Of Living | Vs. Murray |
|---|---|---|---|
| Hopkinsville, KY | 30,906 | 87 | 0.9x |
| Paducah, KY | 26,845 | 89 | 1.0x |
| Mayfield, KY | 9,868 | 86 | 0.9x |
| Princeton, KY | 6,241 | 82 | 0.9x |
| Metropolis, IL | 5,864 | 85 | 0.9x |
