Cost of Living in Hardinsburg, KY

With a cost of living index of 65, Hardinsburg, KY is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 14% below the Kentucky state average of 78. Hardinsburg is a small community of 2,404 residents.

Housing costs are the biggest factor in Hardinsburg's cost of living. The median monthly rent is $729 (45% below the US median of $1,319), and the median home value sits at $128,400 (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 Hardinsburg is $56,774, which is 24% 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.