College Costs in Frankfort, KY 2026
Compare tuition, housing, and financial aid across 2 colleges in Frankfort, Kentucky. Use our free calculator to estimate your total cost.
Avg Public Tuition
$11,600
per year
Avg Private Tuition
$30,000
per year
Avg Rent Near Campus
$573
per month
Colleges & Universities
2
institutions
Frankfort Overview
Population
28,602
Student Population
2,566 (9.0%)
Cost of Living Index
80.7 (avg: 100)
Walk Score
41/100
Transit Score
13/100
Unemployment Rate
4.1%
College Cost Calculator for Frankfort
Cost Inputs
Total Cost (4 Years, Public In-State)
$95,756
Total After Financial Aid
$95,756
Annual Cost
$23,939
Annual After Aid
$23,939
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $95,756 |
| Monthly Payment | $1,087 |
| Total Interest | $34,719 |
| Total Loan Cost | $130,475 |
Universities in Frankfort
| University | Type | Annual Tuition |
|---|---|---|
| Frankfort State University | Public | $12,675 |
| Frankfort Community College | Community | $5,516 |
Frankfort has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Frankfort vs. National Average
| Category | Frankfort | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $11,600 | $10,940 | +$660 |
| Monthly Rent Near Campus | $573 | $1,050 | -$477 |
| Cost of Living Index | 80.7 | 100 | -19.299999999999997 |
Frankfort's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Frankfort
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,566 students
Frankfort has a total population of 28,602, with approximately 2,566 college students (9.0% of the population). Frankfort has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Frankfort
$27,962
Starting Salary
4.1%
Unemployment Rate
51%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Frankfort earn a median starting salary of $27,962, which is -$7,038 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $95,756 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $8,435 per student per year, the net cost and payback period can be significantly reduced.
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