Cost of Living in Elliott County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Elliott County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Elliott County, Kentucky
Elliott County Offers Rock-Bottom Rents
Elliott County renters spend just 12.8% of their income on housing, the lowest rent-to-income ratio in this dataset and well below Kentucky's 17% state average. At just $427 monthly rent and $40,074 median household income, Elliott delivers exceptional housing affordability despite limited local wages.
Kentucky's Most Affordable Rental Market
Elliott County's 12.8% rent-to-income ratio ranks among the absolute most affordable counties in Kentucky. This extreme affordability stems from exceptionally low rents ($427) that remain well below regional peers, even as incomes stay modest.
Unbeatable Rent Prices in Eastern Kentucky
Elliott County's $427 median rent is the lowest among all eight counties in this dataset, undercutting Cumberland ($553) and Clinton ($629) by significant margins. This deep discount reflects Elliott's remote location and limited local job market.
Homeownership Costs More Than Renting
Renters pay just $427 monthly while homeowners spend $589, with median home values at $97,400. At 12.8% of income devoted to housing, Elliott County renters enjoy the most generous affordability cushion in this comparison.
Maximum Affordability for Remote Workers
Elliott County's $427 rent is unmatched in this region and among the lowest in Kentucky, making it ideal for remote workers and retirees on fixed incomes. Compare Elliott's rock-bottom costs to Cumberland ($553) and Clinton ($629) if you're willing to trade convenience for deep affordability.
Affordability Calculator
See how your income compares to housing costs in Elliott County
Rent Burden
12.8%
of gross income
Max Housing (28% Rule)
$935
per month
Owner Cost Burden
17.6%
of gross income
You can likely afford the median home in Elliott County
Median home value is $97,400. Estimated monthly cost: $778 vs. your max of $935.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.