Cost of Living in Slaughters, KY

With a cost of living index of 69, Slaughters, KY is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 9% below the Kentucky state average of 78. Slaughters is a small community of 171 residents.

Housing costs are the biggest factor in Slaughters's cost of living. The median monthly rent is $1,068 (19% below the US median of $1,319), and the median home value sits at $57,500 (81% below the national median of $304,900). At current prices, the median home costs roughly 1.2x the median household income — well within traditional affordability guidelines.

The median household income in Slaughters is $47,500, which is 37% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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.