Cost of Living in East Bernstadt, KY

With a cost of living index of 61, East Bernstadt, KY is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 18% below the Kentucky state average of 78. East Bernstadt is a small community of 673 residents.

Housing costs are the biggest factor in East Bernstadt's cost of living. The median monthly rent is $680 (48% below the US median of $1,319), and the median home value sits at $95,200 (69% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in East Bernstadt is $39,500, which is 47% lower than the national median of $75,149. Residents spend roughly 21% 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.