Bardstown, KY

Very Low · 62

Kentucky · Population 13,673 · Updated March 2026

$917
Median Rent / Month
$49,781
Median Income
$190,800
Median Home Value
$849
Owner Costs / Month

Affordability

How far your income goes in Bardstown

22.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Kentucky

State-level tax rates that affect your costs

4.0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.83%
Property Tax Rate

Estimated Annual Costs

$11,004
Annual Rent
$1,991
State Income Tax
$1,584
Property Tax (est.)

Cost of Living Overview

Bardstown is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), Bardstown residents can expect to pay median rent of $917/month while earning a median household income of $49,781/year.

The median home value in Bardstown, KY is $190,800, with typical monthly owner costs around $849 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Kentucky has a moderate income tax rate of 4.0%. Combined with a 6.0% sales tax rate and 0.83% effective property tax rate, the overall tax environment is a factor in the total cost of living in Bardstown.

Frequently Asked Questions

Common questions about living costs in Bardstown

What is the cost of living in Bardstown, KY?
The cost of living index in Bardstown, KY is 62 (US average = 100). Median monthly rent is $917, median household income is $49,781/year, and the median home value is $190,800.
Is Bardstown, KY affordable?
Yes, Bardstown is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 22.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bardstown, KY?
The median gross rent in Bardstown, KY is $917 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,004.
What is the median household income in Bardstown?
The median household income in Bardstown, KY is $49,781 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Kentucky?
Kentucky has a top income tax rate of 4.0%, a sales tax of 6.0%, and an effective property tax rate of 0.83%.