salaryRent is lower than in 56% of U.S. cities. A typical house costs about 3.1 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $61,280 a year. That is $29 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 74 of 87 cities from cheapest to most expensive.
How much do households earn in Nicholasville?
Share of households by yearly income. 20.1% of households earn $100,000 or more.
Rent by apartment size in Nicholasville
| Size | Nicholasville | U.S. average |
|---|---|---|
| 1 bedroom | $933 | $1,324 |
| 2 bedrooms | $1,007 | $1,509 |
| 3 bedrooms | $1,325 | $1,698 |
| 4 bedrooms | $1,662 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Nicholasville 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 Nicholasville, so the Kentucky figure is shown.
Taxes and bills in Nicholasville
Life in Nicholasville
Is it cheaper to rent or buy in Nicholasville?
About the same. Renting and owning cost within $42 of each other each month.
Owning assumes a typical $226,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,680 for the down payment.
Frequently asked questions
What is the average rent in Nicholasville, KY?
Renting in Nicholasville costs a median of about $1,532 a month in 2026, including utilities. The Kentucky median is $1,175.
How much do I need to make to live in Nicholasville?
To keep rent under 30% of income, you need about $61,280 a year, or $29 an hour at a full-time job.
Is Nicholasville cheap or expensive?
Nicholasville is rated OK: rent takes 24.9% of the typical household income of $73,880. It ranks 74th cheapest of 87 Kentucky cities we track.
How much are property taxes in Nicholasville?
The median homeowner in Nicholasville pays $1,660 a year in property taxes, about 0.73% of the median home value.
Is Nicholasville 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 Nicholasville?
The median home value in Nicholasville is $226,800, about 3.1 times the typical yearly household income.
32,197 people live in Nicholasville. Numbers are typical (middle) values.