Louisville boasts a thriving job market with consistent growth. Reports like the
IBRC Louisville forecast for 2023 indicate a slowdown in growth compared to 2022, but it's still positive.
The sectors that are experiencing major growth are:
- Advanced Manufacturing: The city is actively attracting investment in areas like electric vehicle battery production.
- Healthcare: Major healthcare employers like Norton Healthcare and Humana contribute significantly to the job market.
- Logistics and Distribution: Louisville's central location and strong transportation infrastructure make it a hub for logistics companies
Moreover, Louisville offers a relatively affordable cost of living compared to the national average. This means your salary can stretch further, allowing for a comfortable lifestyle.
The cost of living in Louisville, KY is 4% above the state average and 3% lower the national average.
| Cost of Living in Louisville, KY | Compared to State Average | Compared to National Average |
|---|
| Housing (Buy and Rent) | 0% | 22% lower |
| Utilities (Monthly) | 0% | 2% higher |
| Food | 6% higher | 1% higher |
| Healthcare | 8% lower | 19% lower |
| Transportation | 7% lower | 2% higher |
| Goods & Services | 13% higher | 10% higher |
More data and info at
Rentcafe Louisville