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2024 BEA RPP All 4 categories Federal source

Paducah, KY-IL

Cost-of-living indicators for Paducah, KY-IL, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 37140 · Data year: 2024 · Rank: #363 of 387

Paducah, KY-IL has a cost of living index of 86.1, meaning it's 13.9% less expensive than the national average. Goods cost 4.0% less, services 23.1% less, and rents are 51.2% below average. A $100K national salary has the purchasing power of $116,166 here.

What the Numbers Mean for Paducah

Paducah ranks #363 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 86.1, Paducah, KY-IL is 13.9% less expensive than the national baseline of 100. The gap between Paducah's most and least expensive categories — the priciest line item versus rents at 48.8 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $116,166 inside Paducah, while a household needs roughly $86,084 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 48.8 — 51.2% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Paducah's overall index has stayed within 1.7 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.0 and services at 76.9, meaning everyday spending in Paducah is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Paducah Cost Index at a Glance

Paducah all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10086.1

Paducah category breakdown

BEA RPP composition by goods, services, rents, overall

Rents48.794Services76.873Goods96.025Overall86.084

Price Index Summary

Overall

86.1

-13.9 below avg

Goods

96.0

-4.0 below avg

Services

76.9

-23.1 below avg

Rents

48.8

-51.2 below avg

Price Index vs National Average (100)

Overall
National avg

Index 86.1 (-13.9 vs national avg)

Goods
National avg

Index 96.0 (-4.0 vs national avg)

Services
National avg

Index 76.9 (-23.1 vs national avg)

Rents
National avg

Index 48.8 (-51.2 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -51.2% (48.8)
Services -23.1% (76.9)
Overall -13.9% (86.1)
Goods -4.0% (96.0)

Income Adequacy in Paducah

Paducah income adequacy score

$75,000 median income vs RPP 86.1

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$86,084

in Paducah, KY-IL purchasing power

$50,000 nationally
$43,042
$75,000 nationally
$64,563
$125,000 nationally
$107,605
$150,000 nationally
$129,126
$200,000 nationally
$172,168

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.7 points over this period.

Year Overall
2008 84.4
2009 82.7
2010 86.6
2011 85.8
2012 84.6
2013 86.0
2014 85.3
2015 86.7
2016 86.0
2017 85.5
2018 86.6
2019 87.7
2020 85.5
2021 85.3
2022 84.7
2023 85.6
2024 86.1

Metros with Similar Cost of Living

These metros have an overall RPP closest to Paducah, KY-IL's index of 86.1.

Related Data for Paducah

Frequently Asked Questions

What is the cost of living in Paducah, KY-IL?
Paducah, KY-IL has a Regional Price Parity (RPP) index of 86.1, meaning it is 13.9% less expensive than the national average. Goods are indexed at 96.0, services at 76.9, and rents at 48.8. It ranks #363 out of 387 U.S. metro areas by overall cost.
What salary do I need in Paducah, KY-IL to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $86,084 in Paducah, KY-IL. Conversely, $100K earned in Paducah, KY-IL has the purchasing power of $116,166 at the national average.
How expensive is rent in Paducah, KY-IL?
Rents in Paducah, KY-IL are indexed at 48.8, which is 51.2% below the national average. This makes the area relatively affordable for renters.
Is Paducah, KY-IL getting more expensive?
From 2008 to 2024, Paducah, KY-IL's overall cost index changed by +1.7 points (from 84.4 to 86.1). The cost of living has remained relatively stable.
What metros have a similar cost of living to Paducah, KY-IL?
Metros with the most similar overall cost index include Cape Girardeau, Brownsville-Harlingen, Anniston-Oxford. These areas have RPP values within a few points of Paducah, KY-IL's 86.1.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page