Cost of Living in Stearns, KY

With a cost of living index of 75, Stearns, KY is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and 4% below the Kentucky state average of 78. Stearns is a small community of 1,509 residents.

The median household income in Stearns is $36,964, which is 51% lower than the national median of $75,149. Residents spend roughly 19% 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.