Photo: Nyttend · Public domainMeasured against area pay, Cadiz costs less to live in than 86% of U.S. towns
It ranks #13 of 142 in Kentucky for affordability. Down 28.6% in a year, 45% below the Kentucky typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Clarksville, TN-KY metro area ($69K). How TownRatings grades cost of living
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
In dollars, Cadiz is one of the least expensive places in Kentucky. But the grade compares costs with what households in the area earn, and Clarksville-area incomes are lower too ($69K, against $74K for the typical U.S. town). Property tax takes 0.61% of a home’s value a year (Kentucky: 0.75%), and 45% of renters pay 30% or more of income for housing.
In dollars
- $126Ktypical home, 45% below the Kentucky typical homeZillow, September 2026
- $1,110a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 91prices across the Clarksville metro, where the U.S. is 100 (housing 74)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.2 yrsof area income buys the typical home; the typical U.S. town: 3.3$69K, Clarksville-area income
- 13%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 45%of renters pay 30%+ of income for housing; across Kentucky: 45%Census 2020–24
- 19%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Cadiz, in brief
Prices are 54% below their 2020 peak
The typical Cadiz home peaked at $276K in November 2020 and is worth about $126K now. Across Kentucky, values are at or near their high. Over five years, Cadiz is down 47%. Price trend ↓
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Cadiz home runs about $730 a month with tax and insurance. A two-bedroom rents for about $1,110. Can I afford it? ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Cadiz’s grade
Measured against what households in the area earn, Cadiz is more affordable than 86% of U.S. towns, #13 of 142 in Kentucky. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Values have lagged Kentucky: the typical Cadiz home is down 46.5% in five years, against 24.7% statewide (Zillow).
Down 46.5% in five years
Slower than Kentucky (24.7%).
Show as a table
| January | Cadiz | Kentucky |
|---|---|---|
| 2017 | $179,000 | $130,000 |
| 2018 | $194,000 | $137,000 |
| 2019 | $243,000 | $145,000 |
| 2020 | $242,000 | $154,000 |
| 2021 | $273,000 | $172,000 |
| 2022 | $250,000 | $190,000 |
| 2023 | $242,000 | $206,000 |
| 2024 | $185,000 | $215,000 |
| 2025 | $175,000 | $227,000 |
| 2026 | $144,000 | $231,000 |
| September 2026 | $126,000 | $231,000 |
A typical Cadiz home worth $184K in October 2016 is worth about $126K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 2.2 years of area income
The calculator starts from the area income the grade uses. Switch to Cadiz’s own median, or type yours.
That covers a typical Cadiz home, with $154K to spare.
A two-bedroom rents for about $1,110 a month here, $380 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Cadiz’s typical property tax (0.61% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,110
Renters already here pay a median of $743, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Clarksville, TN-KY HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Cadiz in 2025. The last year with any was 2024 (10 new homes).
Between the 2010 and 2020 censuses, Cadiz's population fell by 18 even though 72 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Kentucky: 1.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 10 | 10 | 0 | $1.1 million |
| 2023 | 3 | 3 | 0 | $826,000 |
| 2022 | 3 | 3 | 0 | $724,000 |
| 2021 | 10 | 10 | 0 | $2.1 million |
| 2020 | 81 | 11 | 70 | $8.3 million |
| 2019 | 19 | 15 | 4 | $3.4 million |
| 2018 | 7 | 7 | 0 | $1.4 million |
| 2017 | 3 | 3 | 0 | $690,000 |
| 2016 | 10 | 10 | 0 | $2.3 million |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 2 | 2 | 0 | $356,000 |
| 2013 | 7 | 5 | 2 | $755,000 |
| 2012 | 2 | 2 | 0 | $250,000 |
| 2011 | 20 | 20 | 0 | $2 million |
| 2010 | 2 | 2 | 0 | $500,000 |
| 2009 | 10 | 10 | 0 | $1.5 million |
| 2008 | 9 | 9 | 0 | $1.2 million |
| 2007 | 17 | 17 | 0 | $2 million |
| 2006 | 19 | 19 | 0 | $1.9 million |
| 2005 | 17 | 17 | 0 | $1.3 million |
| 2004 | 16 | 16 | 0 | $1.2 million |
| 2003 | 17 | 17 | 0 | $1.3 million |
| 2002 | 15 | 15 | 0 | $1.1 million |
| 2001 | 13 | 13 | 0 | $995,000 |
| 2000 | 12 | 12 | 0 | $1.2 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Kentucky norm
The median bill is $910 (Kentucky: $1,544), 0.61% of a home’s value a year, against 0.75% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Cadiz
Only figures published free for the whole country, each labeled with the area it covers: the Clarksville, TN-KY metro area, or Kentucky. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 91 | KY 90 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 96 | KY 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 73 | KY 75 | metro | BEA, 2024 |
| Other services U.S. = 100 | 96 | KY 97 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Cadiz and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Cadiz | A | $126K | $150K | 0.61% | $1,110 |
Questions about the cost of living in Cadiz
Is Cadiz expensive to live in?
Measured against what households in the area earn, Cadiz costs less than 86% of U.S. towns: an A for cost of living, #13 of 142 in Kentucky. The typical home costs 2.2 years of the median household income of the Clarksville, TN-KY metro area ($69K).
How much does a house cost in Cadiz?
About $126K, Zillow’s typical value for September 2026, down 28.6% in a year. The Kentucky typical home is $231K.
What salary do you need to live in Cadiz?
To buy the typical home with 20% down at 6.3%, about $31,000 a year, keeping the payment (about $730 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $44,000.
How much is rent in Cadiz?
HUD puts a two-bedroom at about $1,110 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $743 (Census 2020–24).
What are property taxes in Cadiz?
The median bill is $910 a year, 0.61% of the median home value (Kentucky: $1,544, 0.75%), from the Census 2020–24.
Are home prices in Cadiz going up?
No: down 28.6% in the past year and -46.5% in five years, against 24.7% across Kentucky (Zillow).
Neighbors talk housing
What Cadiz buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.