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College Costs in Murray, KY 2026

Compare tuition, housing, and financial aid across 3 colleges in Murray, Kentucky. Use our free calculator to estimate your total cost.

Avg Public Tuition

$9,456

per year

Avg Private Tuition

$38,847

per year

Avg Rent Near Campus

$817

per month

Colleges & Universities

3

institutions

Murray Overview

Population

19,254

Student Population

861 (4.5%)

Cost of Living Index

80 (avg: 100)

Walk Score

51/100

Transit Score

28/100

Unemployment Rate

6.9%

College Cost Calculator for Murray

Cost Inputs

Total Cost (4 Years, Public In-State)

$74,120

Total After Financial Aid

$74,120

Annual Cost

$18,530

Annual After Aid

$18,530

Cost Breakdown (4 Years)

Tuition$37,824
Room & Board$36,296

If Financed (10-Year Loan at 6.5%)

Loan Amount$74,120
Monthly Payment$842
Total Interest$26,874
Total Loan Cost$100,994

Universities in Murray

UniversityTypeAnnual Tuition
Murray State UniversityPublic$9,456
West Kentucky Community and Technical CollegeCommunity$4,680

Murray has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Murray vs. National Average

CategoryMurrayNational AvgDifference
Public Tuition (In-State)$9,456$10,940-$1,484
Monthly Rent Near Campus$817$1,050-$233
Cost of Living Index80100-20

Murray'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 Murray

51

Walk Score

Somewhat Walkable

28

Transit Score

Minimal Transit

4.5%

Student Population

861 students

Murray has a total population of 19,254, with approximately 861 college students (4.5% of the population). While not primarily a college town, Murray offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Murray

$48,352

Starting Salary

6.9%

Unemployment Rate

69%

Graduation Rate

~6 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Murray earn a median starting salary of $48,352, which is $13,352 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $74,120 (including room and board), it would take approximately 6 years of the salary premium to recoup the investment. With average financial aid of $14,524 per student per year, the net cost and payback period can be significantly reduced.

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