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CCost of living
Cost of living in North Corbin

Measured against area pay, North Corbin costs more to live in than 67% of U.S. towns

Home prices around North Corbin have risen about 55% over the past 5 years.

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Corbin, KY micro area ($46K). How TownRatings grades cost of living

Typical home value
$189K
▲ 3.3% in a year · KY $245K
Estimate
Homes sold
3
in May 2026 · 6 for sale
2-bedroom rent
$900
a month, utilities in · HUD
Area income (the grade’s yardstick)
$46K
Corbin-area median

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

Why North Corbin gets a C

The grade compares costs with what households across the Corbin-area micro earn ($46K, Census 2020–24). Even so, the typical home costs 3.4 years of area income, and 31% of renters pay 30% or more of income for housing.

In dollars

  • $900a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026

In paychecks the grade

  • 3.4 yrsof area income buys the typical home; the typical U.S. town: 3.3$46K, Corbin-area income
  • 22%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 31%of renters pay 30%+ of income for housing; across Kentucky: 45%Census 2020–24
  • 17%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out

What stands out about housing in North Corbin

Cost of living grade

What’s behind North Corbin’s grade

Measured against what households in the area earn, North Corbin is more affordable than 33% of U.S. towns. Rent pulls the grade down most; the share of households paying 30%+ for housing holds it up.

All U.S. towns we grade (21,243)More affordable than 33%
CostlierMore affordable
How sure. North Corbin’s Census figures cover about 717 households. At the ends of the Census margins (area income ±$2,029, owners paying 30%+ ±10.8 points), North Corbin could be anywhere from C− to B−.

How TownRatings grades cost of living →

Price trend

Home prices up 55% in 5 years

The federal house price index for the ZIP code around North Corbin rose 55% over the past 5 years, faster than across Kentucky (50%). Last year prices rose 3.3%. Carrying the Census median home value forward with that index puts the typical North Corbin home at roughly $189,000 today.

North Corbin areaKentucky
0%+50%+100%+150%200020052010201520202025
+3.3%
past year
+55%
past 5 years
+77%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $189K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around North Corbin, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A year’s rent takes 22% of area income

The calculator starts from the area income the grade uses. Switch to North Corbin’s own median, or type yours.

Household income a year
$
Corbin-area median household income, as in the grade
You could afford about
$183,000
Typical North Corbin home $189K

That’s $6K short of a typical North Corbin home.

The typical home, each month
$1,110
Loan $930Tax $120Insurance $60

A two-bedroom rents for about $900 a month here, $210 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Kentucky typical property tax (0.75% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $900

Renters already here pay a median of $843.

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$710
2 bedrooms$900
3 bedrooms$1,080
4 bedrooms$1,320
57%
of households rent · KY 32%
423
renter households
31%
of renters spend 30%+ of income on rent · KY 45%
21%
of the median income, for a two-bedroom
$843
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Knox County, KY): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

North Corbin vs. its neighbors

Zillow publishes no value for North Corbin.

Cost next door · one source per column

TownCostTypical home
Zillow, latest
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
North CorbinC—$158K—$900
CorbinB−$170K$166K0.78%$900

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.

Questions about the cost of living in North Corbin

Is North Corbin expensive to live in?

Measured against what households in the area earn, North Corbin costs more than 67% of U.S. towns: a C for cost of living. The typical home costs 3.4 years of the median household income of the Corbin, KY micro area ($46K).

How much is rent in North Corbin?

HUD puts a two-bedroom at about $900 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $843 (Census 2020–24).

Neighbors talk housing

What North Corbin buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. 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.