Cost of Living in Clay, KY

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

Cost of Living Overview

Overall Index

72.4

100 = national avg

-27.6 vs national average

Living Wage (1 Adult)

$31,863

per year

Living Wage (Family of 4)

$75,312

per year

Cost Index by Category

Housing
65.0
Food
83.5
Transportation
67.1
Healthcare
86.8
Utilities
83.1

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 Clay is 72.4, which is 27.6% below the national average. Housing costs are below the national average at an index of 65.0. A single adult needs to earn approximately $31,863 per year to cover basic expenses.