Cost Index: 90 · Below Average

Cost of Living in Louisville

Median income in Louisville is $46,000/year ($3,833/month). Here is how to budget every dollar.

Average Rent in Louisville

$750

Studio

$950

1 Bedroom

$1,150

2 Bedrooms

Monthly Budget Breakdown: $3,833/month

How to allocate the median Louisville income of $46,000/year after taxes.

Housing

$950

25%

Food & Groceries

$380

10%

Transportation

$320

8%

Utilities

$180

5%

Healthcare

$190

5%

Entertainment

$230

6%

Personal & Other

$190

5%

Savings

$1,393

36%

Total

$3,833

100%

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$
Needs
$1,91750%
Wants
$1,15030%
Savings
$76620%
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Affordable Neighborhoods in Louisville

1

The Highlands (Bardstown Road) is Louisville's most walkable neighborhood

2

NuLu (New Louisville) has boutiques and restaurants with moderate rents

3

Germantown and Schnitzelburg offer historic charm at affordable prices

Money-Saving Tips for Louisville

$

TARC bus system is free — Louisville eliminated bus fares entirely

$

Take advantage of free attractions: Louisville Waterfront Park, Big Four Bridge

$

Shop at Kroger, Aldi, and the Louisville Farmers Market for affordable groceries

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