Cost of Living in Cumberland, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.0
100 = national avg
-38.0 vs national average
Living Wage (1 Adult)
$27,260
per year
Living Wage (Family of 4)
$64,434
per year
Cost Index by Category
Housing52.5
Food77.0
Transportation54.0
Healthcare81.6
Utilities76.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$699
per month
2 Bedroom
$866
per month
The overall cost of living index in Cumberland is 62.0, which is 38.0% below the national average. Housing costs are below the national average at an index of 52.5. A single adult needs to earn approximately $27,260 per year to cover basic expenses.