Cost of Living in Bloomfield, KY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

92.0

100 = national avg

-8.0 vs national average

Living Wage (1 Adult)

$40,487

per year

Living Wage (Family of 4)

$95,696

per year

Cost Index by Category

Housing
101.8
Food
90.3
Transportation
80.5
Healthcare
92.2
Utilities
94.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$781

per month

2 Bedroom

$1,016

per month

The overall cost of living index in Bloomfield is 92.0, which is 8.0% below the national average. Housing costs are above the national average at an index of 101.8. A single adult needs to earn approximately $40,487 per year to cover basic expenses.