Cost of Living in Central City, KY

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

Cost of Living Overview

Overall Index

80.0

100 = national avg

-20.0 vs national average

Living Wage (1 Adult)

$35,196

per year

Living Wage (Family of 4)

$83,190

per year

Cost Index by Category

Housing
76.1
Food
87.5
Transportation
74.9
Healthcare
90.0
Utilities
87.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$660

per month

2 Bedroom

$866

per month

The overall cost of living index in Central City is 80.0, which is 20.0% below the national average. Housing costs are below the national average at an index of 76.1. A single adult needs to earn approximately $35,196 per year to cover basic expenses.