Cost of Living in Elkhorn City, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.6
100 = national avg
-20.4 vs national average
Living Wage (1 Adult)
$35,036
per year
Living Wage (Family of 4)
$82,812
per year
Cost Index by Category
Housing58.5
Food94.3
Transportation88.7
Healthcare95.5
Utilities88.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$745
per month
2 Bedroom
$977
per month
The overall cost of living index in Elkhorn City is 79.6, which is 20.4% below the national average. Housing costs are below the national average at an index of 58.5. A single adult needs to earn approximately $35,036 per year to cover basic expenses.