What salary do you need to live in Elizabethtown, KY?

What housing costs in Elizabethtown

Median gross rent, meaning contract rent plus tenant-paid utilities, runs $692, $911 and $1,216 a month for one, two and three bedrooms across Elizabethtown, KY. The largest of those is 76% more than the smallest.

Homeowners in Elizabethtown report a median home value of $218,800. Against a median household income of $67,534, the ratio is 3.2× — one of the gentler home-price-to-income ratios in the country.

The Regional Price Parity, BEA's index of local prices with the US at 100, is 90.6 here. Below 100 means a paycheck stretches further: $100,000 in Elizabethtown has the buying power of roughly $110,409 at national average prices.

How much you need to earn in Elizabethtown

For two bedrooms, $101,000 is where Elizabethtown turns Comfortable. Below that, $50,000 marks the start of Okay and $25,000 the start of Tight; under $25,000 the score reads Stretched. Rent at the Comfortable line is 11% of gross pay.

Royal, the top band, starts at $265,000. At that income rent is 4% of pay and the median home 0.8× income.

Nothing here is a separate rule of thumb; plug any of these incomes into the calculator with two bedrooms and Elizabethtown shows the matching grade.

Elizabethtown at four common salaries

At $75,000 home size barely changes the picture: one, two and three bedrooms all grade Okay, with scores from 52 to 61.

Of the four salaries, $150,000 is the first where a two-bedroom reads Comfortable or better; $100,000 still lands at Okay.

Where Elizabethtown falls nationally

On price level Elizabethtown is 278th of 387 (1 = most expensive); on two-bedroom rent it is 352nd, and on median home value 261st. Rent and overall prices don't line up exactly, with prices in the middle half and rent in the bottom 10%.

Its nearest neighbors on the rent list are Muncie, IN ($912) and Las Cruces, NM ($909).

Comparing Elizabethtown with Kentucky

How Elizabethtown stacks up against its state: $911 for a two-bedroom against Kentucky's $968, $218,800 for the median home against $205,600, and a price level of 90.6 against 90.2.

Run Kentucky's statewide medians through the same score and Comfortable begins at $100,000; Elizabethtown's line is +1% from that.

If Elizabethtown is on your list, Owensboro, KY, Huntington-Ashland, WV-KY-OH, and Paducah, KY-IL are the most similar Kentucky metros by two-bedroom rent and price level; the table shows where each turns Comfortable.

The median Elizabethtown household

A household at the Elizabethtown median income of $67,534 would see a two-bedroom score of 54 — Okay — with rent at 16% of income. Reaching Comfortable would take $33,466 more than the median household earns. For Kentucky as a whole, the median household income of $63,726 scores 52 against statewide rents. Since a household can have two or more earners, compare it with a combined income rather than one paycheck.

These are pre-tax estimates from public statistics, not financial advice.