Salary Needed to Live in Louisville as a Single
A single adult living independently needs approximately $18,055/year to live comfortably in Louisville, KY — including 10% savings.
Comfortable Salary
$18,055
with 10% savings
Bare Minimum
$15,648
no savings buffer
Monthly Expenses
$978
11% below national avg
Detailed Monthly Budget for a Single in Louisville
| Expense | Louisville | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $84 | $113 | -26% |
| 🛒 Groceries | $18 | $17 | +6% |
| ⚡ Utilities | $12 | $14 | -14% |
| 🚗 Transportation | $30 | $26 | +15% |
| 🛡️ Car Insurance | $201 | $223 | -10% |
| 🏥 Health Insurance | $58 | $56 | +4% |
| Internet | $58 | $65 | -11% |
| Phone | $76 | $85 | -11% |
| Dining & Social | $267 | $300 | -11% |
| Entertainment | $107 | $120 | -11% |
| Personal Care | $67 | $75 | -11% |
| Total Monthly | $978 | $1,094 | -11% |
How We Calculated the Salary
Monthly expenses:$978
Target savings (10%):$125/mo
Monthly after-tax needed:$1,103
Effective tax rate:25%
Gross annual salary needed:$18,055
Other Household Types in Louisville
Related Pages
FAQ
What salary does a single person need in Louisville?
A single person needs approximately $18,055/year ($1,505/month gross) to live comfortably in Louisville with a 10% savings rate.
How much is rent for a single person in Louisville?
A studio/1br in Louisville costs approximately $84/month, which is the largest single expense at 9% of the total budget.
Is Louisville affordable for a single person?
Yes, Louisville is 11% more affordable than the national average for a single person.