Key Economic Benchmarks
Median Household Income
$58,984$4,915 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Livingston County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Livingston County, KY
Official FY2026 HUD Fair Market Rents for Livingston County, KY HUD Metro FMR Area. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $865 | $10,380 | $34,600 | 17.6% |
| 1-Bedroom Apartment | $960 | $11,520 | $38,400 | 19.5% |
| 2-Bedroom ApartmentBenchmark | $1,158 | $13,896 | $46,320 | 23.6% |
| 3-Bedroom Home | $1,388 | $16,656 | $55,520 | 28.2% |
| 4-Bedroom Home | $1,771 | $21,252 | $70,840 | 36% |
50/30/20 Living Budget in Livingston County, KY
Based on the local median household income of $58,984/year ($4,915/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Kentucky
Explore net income after federal income tax, FICA, and Kentucky state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Kentucky with official federal datasets:
Frequently Asked Questions About Living in Livingston County, KY
What is the median household income in Livingston County, KY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Livingston County, KY is $58,984 per year (approximately $4,915 per month).
What is the average rent in Livingston County, KY?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Livingston County, KY are $865 for a studio, $960 for 1 bedroom, $1,158 for 2 bedrooms, $1,388 for 3 bedrooms, and $1,771 for 4 bedrooms.
How does the cost of living in Livingston County, KY compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Livingston County, KY is 86.1 (13.9% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Livingston County, KY?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,158/month) in Livingston County, KY requires a minimum gross household income of $46,320 per year ($3,860 per month).
What is a balanced 50/30/20 monthly budget in Livingston County, KY?
For a typical household earning the median income of $58,984/year ($4,915/month) in Livingston County, KY, a balanced 50/30/20 budget allocates $2,458/month to essential needs (rent, utilities, groceries), $1,475/month to discretionary spending, and $983/month to savings and debt repayment.
What are typical electricity and utility costs in Livingston County, KY?
Residential electricity rates in Kentucky average 14.3¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $128 per month.