Cost of Living in Perryville, KY

With a cost of living index of 57, Perryville, KY is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 21% below the Kentucky state average of 78. Perryville is a small community of 813 residents.

Housing costs are the biggest factor in Perryville's cost of living. The median monthly rent is $475 (64% below the US median of $1,319), and the median home value sits at $128,700 (58% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Perryville is $60,880, which is 19% lower than the national median of $75,149. Residents spend roughly 9% 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.