salaryRent is lower than in 86% 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 $41,080 a year. That is $20 an hour at a full-time job.
Is rent cheaper than other Kentucky cities?
Yes. Rent here is cheaper than in most of Kentucky. It is number 25 of 87 cities from cheapest to most expensive.
How much do households earn in Paris?
Share of households by yearly income. 15.7% of households earn $100,000 or more.
Rent by apartment size in Paris
| Size | Paris | U.S. average |
|---|---|---|
| 1 bedroom | $636 | $1,324 |
| 2 bedrooms | $800 | $1,509 |
| 3 bedrooms | $1,050 | $1,698 |
| 4 bedrooms | $1,452 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Paris 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 Paris, so the Kentucky figure is shown.
Taxes and bills in Paris
Life in Paris
Is it cheaper to rent or buy in Paris?
Renting is cheaper right now: about $266 a month less.
Owning assumes a typical $186,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,630 for the down payment.
Frequently asked questions
What is the average rent in Paris, KY?
Renting in Paris costs a median of about $1,027 a month in 2026, including utilities. The Kentucky median is $1,175.
How much do I need to make to live in Paris?
To keep rent under 30% of income, you need about $41,080 a year, or $20 an hour at a full-time job.
Is Paris cheap or expensive?
Paris is rated OK: rent takes 20.5% of the typical household income of $60,222. It ranks 25th cheapest of 87 Kentucky cities we track.
How much are property taxes in Paris?
The median homeowner in Paris pays $1,448 a year in property taxes, about 0.78% of the median home value.
Is Paris 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 Paris?
The median home value in Paris is $186,300, about 3.1 times the typical yearly household income.
10,160 people live in Paris. Numbers are typical (middle) values.