salaryRent is lower than in 75% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. It is a highly educated city: 55.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $48,720 a year. That is $23 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 49 of 87 cities from cheapest to most expensive.
How much do households earn in Fort Thomas?
Share of households by yearly income. 42.3% of households earn $100,000 or more.
Rent by apartment size in Fort Thomas
| Size | Fort Thomas | U.S. average |
|---|---|---|
| 1 bedroom | $1,149 | $1,324 |
| 2 bedrooms | $1,191 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Fort Thomas overall?
Everyday prices in Kentucky overall are 10% below the U.S. average (index 90.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fort Thomas, so the Kentucky figure is shown.
Taxes and bills in Fort Thomas
Life in Fort Thomas
Is it cheaper to rent or buy in Fort Thomas?
Renting is cheaper right now: about $1,106 a month less.
Owning assumes a typical $335,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,500 for the down payment.
Frequently asked questions
What is the average rent in Fort Thomas, KY?
Renting in Fort Thomas costs a median of about $1,218 a month in 2026, including utilities. The Kentucky median is $1,175.
How much do I need to make to live in Fort Thomas?
To keep rent under 30% of income, you need about $48,720 a year, or $23 an hour at a full-time job.
Is Fort Thomas cheap or expensive?
Fort Thomas is rated Cheap: rent takes 13.0% of the typical household income of $112,541. It ranks 49th cheapest of 87 Kentucky cities we track.
How much are property taxes in Fort Thomas?
The median homeowner in Fort Thomas pays $4,313 a year in property taxes, about 1.29% of the median home value.
Is Fort Thomas 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 Fort Thomas?
The median home value in Fort Thomas is $335,000, about 3.0 times the typical yearly household income.
17,169 people live in Fort Thomas. Numbers are typical (middle) values.