Kentucky · Census, HUD and BEA figures · Updated

Cost of Living in Grant County, KY

Prices around Grant County, KY run 4.6% below the U.S. average (BEA, the metro area). The typical household there earns $69,178 a year, and HUD puts a two-bedroom at $1,155 a month. Keeping that rent under 30% of income takes about $46,200 a year.

Grant County, KY at a glance

Median household income

$69,178$5,765 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,155HUD FY2026 Fair Market Rent
Price level (U.S. = 100)95.4-4.6% · BEA, the metro area
Electricity14.3¢per kWh · EIA Residential KY
Population25,418Census ACS 5-year estimate

How much rent can you afford in Grant County, KY?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,155Monthly market rent
Share of gross income20%Recommended max: 30%
Annual income needed$46,200To meet the 30% standard
Max affordable rent$1,729At 30% of $69,178
0%30% (Affordability standard)100%
Compare against:

How much is rent in Grant County, KY? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Grant County, KY HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Grant County, KY, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$823$9,876$32,92014.3%
1-Bedroom Apartment$899$10,788$35,96015.6%
2-Bedroom ApartmentBenchmark$1,155$13,860$46,20020%
3-Bedroom Home$1,385$16,620$55,40024%
4-Bedroom Home$1,678$20,136$67,12029.1%

Rent in Grant County, KY, with the wage each unit needs →

What a typical income covers in Grant County, KY

The 50/30/20 rule applied to the local median of $69,178 a year ($5,765 a month before tax).

Needs (50%)$2,882/moRent ($1,155 2-BR), utilities (~$128/mo), groceries, transit
Wants (30%)$1,729/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,153/moEmergency fund, retirement, paying down loans

What $69,178 leaves after Kentucky taxes

Federal income tax, Social Security, Medicare and Kentucky tax on the local median income. Change the salary to see yours.

$69,178
$25,000$140,000
Filing status:
Gross salary breakdown$69,178
Net 80%
Fed 9%
KY 3%
FICA 8%
Annual take-home$55,193After all taxes
Monthly deposit$4,599Estimated per month
Biweekly paycheck$2,123Every 2 weeks (26/yr)
Effective tax rate20.2%Total tax burden
Federal income tax$6,389 / yr
Kentucky state income tax$2,304 / yr
FICA (Social Security & Medicare)$5,292 / yr

Living in Grant County, KY: common questions

What is the median household income in Grant County, KY?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Grant County, KY is $69,178 per year (approximately $5,765 per month).

What is the average rent in Grant County, KY?

The closest official figure is HUD's Fair Market Rent for 2026: $823 for a studio, $899 for one bedroom, $1,155 for two, $1,385 for three and $1,678 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Grant County, KY expensive to live in?

Prices there run 4.6% below the U.S. average. BEA's regional price parity for the metro area is 95.4, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Grant County, KY?

To keep a $1,155 two-bedroom under 30% of gross income, a household needs about $46,200 a year, or $3,850 a month. That is 67% of what the typical household in Grant County, KY earns.

How much do you need to live comfortably in Grant County, KY?

On the local median income of $69,178 ($5,765 a month before tax), the 50/30/20 rule leaves $2,882 a month for needs like rent, utilities and groceries, $1,729 for everything else and $1,153 for savings or debt. A two-bedroom at $1,155 takes 40% of the needs share.

How much is the electric bill in Grant County, KY?

Homes in Kentucky paid 14.3¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $128. Your bill depends mostly on heating and cooling.