Small Town991 people

Philpot, KY

Discover how far your salary goes in Philpot. Compare taxes, rent, and living costs.

Cost Index
83
💚 Very Affordable
Population

991

State Tax

4.5%

1BR Rent

$893

/month

vs National

-36%

below avg

How far would your salary go in Philpot?

Enter your income to get a personalized breakdown vs 50+ cities

Calculate Now

Rent Prices in Philpot

🏠

Studio

$714

/month

$8,568/year

Most Common
🛏️

1 Bedroom

$893

/month

$10,716/year

🏡

2 Bedroom

$1,205

/month

$14,460/year

🏘️

3 Bedroom

$1,562

/month

$18,744/year

Taxes in Kentucky

State Income Tax

Kentucky

4.5%

For a $100k salary, that's ~$4,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Philpot, KY?

Philpot has a cost of living index of 83, which is 17% below the national average. A 1-bedroom apartment costs around $893/month.

What is the state income tax in Kentucky?

Kentucky has a state income tax rate of approximately 4.5%. This is in addition to federal income tax.

How much is rent in Philpot?

The median rent for a 1-bedroom apartment in Philpot is $893/month. For a 2-bedroom, expect to pay around $1,205/month. This is 36% below the national average.

Is Philpot a good place to live?

Philpot is a small town with a population of 991. The cost of living is very affordable, making it more affordable than average for the US.

See the complete picture for Philpot

Our free calculator shows your exact take-home pay, tax breakdown, and how Philpot compares to 50+ other cities.

Calculate My Salary

Free • No signup • 10 seconds