Can A Bus Driver Afford Rent in Cold Spring, KY?

Rent-burdened — rent takes 43.1% of gross income.

Cold Spring rent: June 2026. Salary: BLS OEWS May 2024 (Kentucky state estimate).

Cold Spring median rent
$1,637/mo
Bus Driver salary (Kentucky)
$45,602/yr
Rent as % of income
43.1%
Gross monthly income works out to about $3,800, and the 30% rule supports up to $1,140/mo in rent. Cold Spring's median rent of $1,637 exceeds that threshold by $497/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 74.7 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Kentucky cities have lower median rent than Cold Spring, which improves the affordability math on a bus driver salary:

Bellevue, KY
$1,634/mo (43% of income)
Dayton, KY
$1,631/mo (42.9% of income)
Dayton, KY
$1,631/mo (42.9% of income)

Compare with full rent data for Cold Spring

View full rent data for Cold Spring, KY

Frequently asked questions

Can a bus driver afford rent in Cold Spring, KY?

Median rent in Cold Spring is $1,637 a month. A typical bus driver in Kentucky earns about $45,602 a year, which makes that rent 43.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a bus driver afford in Cold Spring?

Using the 30% rule, a bus driver salary in Kentucky (~$45,602/yr) supports up to $1,140 a month in rent. Cold Spring's current median rent is $1,637/mo, which is $497/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Cold Spring?

At an hourly equivalent of about $22 an hour, a bus driver in Kentucky works roughly 74.7 hours a month to cover Cold Spring's median rent of $1,637.

Where is rent cheaper than Cold Spring for a bus driver?

Nearby Kentucky cities with lower median rent include Bellevue ($1,634/mo), Dayton ($1,631/mo), Dayton ($1,631/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Kentucky state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Cold Spring, KY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.