States › Kentucky › Cold Spring

Is Cold Spring, KY expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,25329% lower than U.S. average
💵 Families earn per year (2026)$80,888about $6,741/month · 7% lower than U.S. average
🔑 House price$253,60024% lower than U.S. average

Rent is lower than in 72% of U.S. cities. A typical house costs about 3.1 years of household income. Most homes (89.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $50,120 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Kentucky cities?

No. Rent here is more expensive than in most of Kentucky. It is number 54 of 87 cities from cheapest to most expensive.

Cold Spring
$1,253
Crestwood
$1,297
Hebron
$1,569
Lebanon
$738
Princeton
$1,210
Highland Heights
$1,248
Cynthiana
$968

How much do households earn in Cold Spring?

Under $25k
11.9%
$25k–50k
18.1%
$50k–100k
37.1%
$100k–150k
14.7%
$150k+
14.4%

Share of households by yearly income. 29.1% of households earn $100,000 or more.

How expensive is Cold Spring overall?

Everyday prices in Kentucky overall are 10% below the U.S. average (index 90.2, U.S. = 100).

Housing
64
Goods (food, clothes…)
96
Utilities
75
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cold Spring, so the Kentucky figure is shown.

Taxes and bills in Cold Spring

🏛️ Property tax$2,369a year · 0.93% of home value · U.S. $3,119
⚡ Electric bill$155a month (typical) · U.S. $156

Life in Cold Spring

Commute to work21.6 minU.S.: 26.4 min
College degree42.6%U.S.: 35.7%
Own their home89.1%U.S.: 65.2%
Below poverty line9.9%U.S.: 12.5%
Unemployment2%U.S.: 5.2%

Is it cheaper to rent or buy in Cold Spring?

Renting is cheaper right now: about $507 a month less.

Renting
$1,253
Owning
$1,760

Owning assumes a typical $253,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,360 for the down payment.

Frequently asked questions

What is the average rent in Cold Spring, KY?

Renting in Cold Spring costs a median of about $1,253 a month in 2026, including utilities. The Kentucky median is $1,175.

How much do I need to make to live in Cold Spring?

To keep rent under 30% of income, you need about $50,120 a year, or $24 an hour at a full-time job.

Is Cold Spring cheap or expensive?

Cold Spring is rated Cheap: rent takes 18.6% of the typical household income of $80,888. It ranks 54th cheapest of 87 Kentucky cities we track.

How much are property taxes in Cold Spring?

The median homeowner in Cold Spring pays $2,369 a year in property taxes, about 0.93% of the median home value.

Is Cold Spring more expensive than the national average?

Overall prices in Kentucky are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Cold Spring?

The median home value in Cold Spring is $253,600, about 3.1 times the typical yearly household income.

6,341 people live in Cold Spring. Numbers are typical (middle) values.