The Economics of Louisville, KY

Our in-house team of researchers and policy analysts help inform our city’s companies, site selection consultants, and ecosystem partners about Louisville’s growing economy. We use data to drive drive our community forward and advocate for change, and invite you to view our city’s economic dashboard.

Louisville’s Climate

89.9° F

average daily maximum (July)

48.34 in.

average annual rainfall

27.8° F

average daily minimum (January)

13.4 in.

average annual snowfall

Louisville’s climate is described as "moist-continental."  Winters are moderately cold with temperatures rarely below zero degrees Fahrenheit, with January being the coldest month. Average annual snowfall is about 13 inches. Summers are hot (although rarely above 100 degrees Fahrenheit) and humid, with July being the hottest month. Spring and summer months are characterized by changeable, wet weather. March has the greatest total rainfall. Yearly precipitation is approximately 48 inches. The driest month is October.

  • Average Commute Time

    Louisville’s average commute time is one of the shortest in the United States.

  • Cost of Living

    The cost of living in Louisville is about 4% lower than the national average.

  • Cost of Doing Business

    According to CNBC, Kentucky ranks No. 1 in the United States for cost of doing business.