Cost of Living in Corydon, KY
Population: 683 | Kentucky
Corydon is 36% less expensive than the national average.
Cost of Living in Corydon, KY: What You Need to Know
With a cost of living index of 64, Corydon, KY is one of the most affordable cities in the country. Living here is 36% cheaper than the national average and 14% below the Kentucky state average of 78. Corydon is a small community of 683 residents.
Housing costs are the biggest factor in Corydon's cost of living. The median monthly rent is $704 (47% below the US median of $1,319), and the median home value sits at $128,800 (58% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Corydon is $55,655, which is 26% lower than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $55,655
- vs US Median ($75,149)
- -26%
Housing
- Median Rent
- $704/mo
- Median Home Value
- $128,800
- Median Monthly Housing Cost
- $871/mo