Cost of Ownership · Kentucky

The true cost of owning a home in Kentucky

For a median $192,300 home in Kentucky, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.

As of Jul 5, 2026Methodology true-cost-v3

Lender-approved payment

$1,394/mo

PITI + PMI

True monthly cost

$1,554/mo

everything, incl. upkeep

The gap

+$160/mo

what approval leaves out

Principal & interest$1,086/mo

Property tax$123/mo

Homeowners insurance$113/mo

PMI (LTV > 80%)$72/mo

Maintenance reserve$160/mo

True monthly cost$1,554/mo

Effective property-tax rate

0.77%

Avg. homeowners premium

$1,359/yr

NFIP flood claims on record

27,849

These figures use Kentucky’s median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how Kentucky ranks on property tax and insurance, or browse every state.