Cost of Living in Cambridge, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
129.0
100 = national avg
+29.0 vs national average
Living Wage (1 Adult)
$56,762
per year
Living Wage (Family of 4)
$134,165
per year
Cost Index by Category
Housing118.0
Food125.1
Transportation150.2
Healthcare120.1
Utilities118.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,047
per month
2 Bedroom
$1,272
per month
The overall cost of living index in Cambridge is 129.0, which is 29.0% above the national average. Housing costs are above the national average at an index of 118.0. A single adult needs to earn approximately $56,762 per year to cover basic expenses.