CostBy County

Cost of Living in McCreary County, Kentucky

$577/mo
Median Monthly Rent
$85,300
Median Home Value

At a Glance

Median Monthly Rent
$577/mo
27% below state average
Median Home Value
$85,300
74% below national
Census GRAPI
29.1%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How McCreary County Compares

Median monthly rent comparison

McCreary County$577/mo
Kentucky Average$793/mo
National Median$1,413/mo

Detailed Housing Stats

$577/mo
Median Gross Rent
$85,300
Median Home Value
$527/mo
Monthly Owner Cost
29.1%
Census GRAPI

National Ranking

Affordability Rank

McCreary County ranks #47 of 3,142 counties for affordability (top 1%)

Most AffordableLeast Affordable

Sourced county brief

McCreary County Median Home Value Estimated at 85,300 Dollars

The median home value in McCreary County was estimated at $85,300 during the 2020-2024 ACS 5-year period, which is $75,535 below the Kentucky unweighted county mean of $160,835. Median selected monthly owner costs for all owner-occupied units were $527, compared to the state unweighted county mean of $753. Among renter households, the median gross rent was $577 per month, and the median renter-household income was $12,374. The official median gross rent as a percentage of household income (GRAPI) is 29.1%. This official B25071 figure is 1.9 percentage points higher than the Kentucky unweighted county mean of 27.2%. These statistics provide a reproducible snapshot of housing-cost conditions and are not for investment or relocation advice. See ACS table B25077 for the underlying estimate.

Cost of Living Advisory: McCreary County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.1% of renter household income in McCreary County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $577 per month; median selected monthly owner costs are $527. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $23,080 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Kentucky unweighted mean of county median rents is $793 per month. McCreary County's $577 median is 27.3% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in McCreary County

$

Rent Burden

20.5%

of gross income

Max Housing (28% Rule)

$788

per month

Owner Cost Burden

18.7%

of gross income

You can likely afford the median home in McCreary County

Median home value is $85,300. Estimated monthly cost: $681 vs. your max of $788.

Rent Affordability Guide

Your entered rent as a share of entered income20.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $33,750Needed: $23,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $33,750Needed: $22,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $33,750Needed: $19,852

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in McCreary County, Kentucky?
McCreary County, Kentucky has a median monthly rent of $577/mo and a median home value of $85,300. The affordability rating is Affordable, with median gross rent equal to approximately 29.1% of renter household income.
What is the median rent in McCreary County?
The median gross rent in McCreary County is $577/mo. This is 27% below state average for Kentucky.
Is McCreary County affordable?
McCreary County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.1%. Median gross rent is under 30% of renter household income.
How does McCreary County's rent compare to the state average?
McCreary County's median rent of $577/mo is 27% below state average of $793/mo for Kentucky.
What is the median home value in McCreary County?
The median home value in McCreary County, Kentucky is $85,300. This is 74% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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