Cost of Living in Buffalo, KY

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

Cost of Living Overview

Overall Index

74.5

100 = national avg

-25.5 vs national average

Living Wage (1 Adult)

$32,768

per year

Living Wage (Family of 4)

$77,452

per year

Cost Index by Category

Housing
86.8
Food
73.4
Transportation
66.9
Healthcare
78.7
Utilities
81.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$846

per month

2 Bedroom

$1,056

per month

The overall cost of living index in Buffalo is 74.5, which is 25.5% below the national average. Housing costs are below the national average at an index of 86.8. A single adult needs to earn approximately $32,768 per year to cover basic expenses.