Cost of Living in Berea, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.4
100 = national avg
-9.6 vs national average
Living Wage (1 Adult)
$39,781
per year
Living Wage (Family of 4)
$94,028
per year
Cost Index by Category
Housing87.4
Food93.2
Transportation94.0
Healthcare94.5
Utilities93.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$785
per month
2 Bedroom
$904
per month
The overall cost of living index in Berea is 90.4, which is 9.6% below the national average. Housing costs are below the national average at an index of 87.4. A single adult needs to earn approximately $39,781 per year to cover basic expenses.