Retirement Planning, Elder Law, and Senior Finance Retirement Costs in Louisville, KY 7/1/2021 | By Seniors Guide Staff Louisville got high marks from Move.org for its low cost of living. The website list 30 cities – 15 with the lowest living costs and 15 with the highest. Louisville came in at number 9. With a U.S. average cost of living as 100, Louisville scores 88.4, while the state of Kentucky scores 83.6. You’ll pay less than the U.S. average for groceries, health care, housing, and utilities, and slightly more for transportation (such as gasoline and mass transit fares). Kiplinger Financial rated Louisville as a 2 for its affordability (with 1 as the most affordable, 10 as the least affordable). The rating is based on the percentage of annual income required to buy a median-priced home in the metro area. According to Kiplinger, the median home price in Louisville is $180,000. The average cost of senior living ranges per care type in Louisville according to Genworth’s 2020 Cost of Care Study. Assisted living, for example, is slightly more expensive in the area versus nationally; the national average monthly cost is $4,300, versus in Louisville where it’s $4,557. But the national average monthly cost of a semi-private room in nursing care, at $7,756, is slightly higher than the average in Louisville at $7,148. And an in-home care aide also costs a bit less, where the national monthly average is $4,576 compared to $4,385 in Louisville. Assisted Living in Kentucky: What Does It Cost and Why? Read More Seniors Guide Staff Seniors Guide has been addressing traditional topics and upcoming trends in the senior living industry since 1999. We strive to educate seniors and their loved ones in an approachable manner, and aim to provide them with the right information to make the best decisions possible.