Cost of Living in Drakesboro, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.3
100 = national avg
-25.7 vs national average
Living Wage (1 Adult)
$32,677
per year
Living Wage (Family of 4)
$77,237
per year
Cost Index by Category
Housing74.4
Food81.7
Transportation63.4
Healthcare85.4
Utilities83.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$660
per month
2 Bedroom
$866
per month
The overall cost of living index in Drakesboro is 74.3, which is 25.7% below the national average. Housing costs are below the national average at an index of 74.4. A single adult needs to earn approximately $32,677 per year to cover basic expenses.