Paducah, KY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Paducah, KY Summary

Cost of living in Paducah research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Paducah is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Paducah is 88, with 100 being the average.

  • The cost of living index in Paducah is 0.9x lower than the national average.

  • Paducah ranks as the #27 cheapest in Kentucky out of 85.

  • Paducah ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Paducah is $125,800.

  • The median income in Paducah is $42,024.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Paducah's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Paducah, KY?

According to the most recent data on the cost of living, Paducah has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Kentucky, Paducah has a cost of living index that's 0.9x lower than Kentucky's index of 94.

The standard of living in Paducah ranks as #27 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Paducah ranks as the #58 most expensive place in the Bluegrass State.

For more reading on life in Paducah, check out:

27 out of 85
In Kentucky
1,278 out of 6,412
In America

Paducah Cost Of Living Vs. Kentucky

Six factors go into calculating the cost of living index in Paducah. Here is how it fairs on each of the criteria:

  • The Services index in Paducah is 95.

  • The Groceries index in Paducah is 95.

  • The Health index in Paducah is 93.

  • The Housing index in Paducah is 60.

  • The Transportation index in Paducah is 97.

  • The Utilities index in Paducah is 112.

Living Expense Paducah Kentucky National Average
Overall 88 94 100
Services 95 105 100
Groceries 95 97 100
Health 93 79 100
Housing 60 75 100
Transportation 97 102 100
Utilities 112 106 100
For more reading on cost of living around Kentucky, check out:
Paducah Cost of Living Vs. KY

Paducah, 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 2017-2021. The key points are:

  • The Median Home Value in Paducah is $125,800.

  • The Median Rent in Paducah is $738.

  • The Median Income in Paducah is $42,024.

  • The Home Value To Income in Paducah is 3.0x.

  • The Rent To Monthly Income in Paducah is 0.21x.

Statistic Paducah Kentucky United States
Median Home Value $125,800 $155,100 $244,900
Median Rent $738 $826 $1,163
Median Income $42,024 $55,454 $69,021
Home Value To Income 3.0x 2.8x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x
Search Homes For Sale In Paducah, KY
$125,800
Median Home Value
$738
Median Rent
$42,024
Median Income

Paducah, KY Costs By Category

Detailed Paducah Services Costs Vs. Kentucky

Item Paducah Kentucky
Shampoo $0.94 $1.06
Movie $9.18 $10.68
Bowling $13.56 $14.67
Haircut $21.03 $18.62
Beauty Salon $28.06 $39.05

Detailed Paducah Groceries Costs Vs. Kentucky

Item Paducah Kentucky
Ground Beef $4.5 $4.22
Fried Chicken $1.27 $1.39
Milk $1.23 $2.05
Potatoes $3.81 $3.29
Pizza $9.01 $10.62
Beer $8.73 $9.38
Toothpaste $2.75 $2.34

Detailed Paducah Health Costs Vs. Kentucky

Item Paducah Kentucky
Optometrist $118.2 $108.57
Doctor $95.88 $116.17
Dentist $91.44 $99.13

Detailed Paducah Transportation Costs Vs. Kentucky

Item Paducah Kentucky
Gasoline $2.09 $2.22
Tire Balancing $49.53 $50.07

Detailed Paducah Utilities Costs Vs. Kentucky

Item Paducah Kentucky
All Electricity $208.57 $167.67
Phone $184.27 $175.64

Paducah SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
5
Affordability
6
Diversity
8.5
Safety
4
Amenities
8.5
Education
8
Commute
9

Cost Of Living In Cities Around Paducah

The cost of living varies in the cities and towns around Paducah. Here's a quick look at the cost of living in the most populous nearby places:

  • Metropolis, IL has a cost of living index of 84, 1.0x Paducah.

City Population Cost Of Living Vs. Paducah
Metropolis, IL 6,032 84 1.0x

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