Cost of Living in Stanton, KY

With a cost of living index of 67, Stanton, KY is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 11% below the Kentucky state average of 78. Stanton is a small community of 3,211 residents.

Housing costs are the biggest factor in Stanton's cost of living. The median monthly rent is $820 (38% below the US median of $1,319), and the median home value sits at $127,200 (58% below the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Stanton is $29,141, which is 61% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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.