Cost of Living in McDowell, KY
Population: 549 | Kentucky
McDowell is 22% less expensive than the national average.
Cost of Living in McDowell, KY: What You Need to Know
With a cost of living index of 78, McDowell, KY is a very affordable place to live. Living here is 22% cheaper than the national average and in line with the Kentucky state average. McDowell is a small community of 549 residents.
The median household income in McDowell is $35,576, which is 53% lower than the national median of $75,149. 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
- $35,576
- vs US Median ($75,149)
- -53%
Housing
- Median Home Value
- $73,600
- Median Monthly Housing Cost
- $449/mo