Cost of Living in Elsmere, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.9
100 = national avg
+2.9 vs national average
Living Wage (1 Adult)
$45,291
per year
Living Wage (Family of 4)
$107,052
per year
Cost Index by Category
Housing115.3
Food97.0
Transportation93.9
Healthcare97.6
Utilities101.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,051
per month
2 Bedroom
$1,353
per month
The overall cost of living index in Elsmere is 102.9, which is 2.9% above the national average. Housing costs are above the national average at an index of 115.3. A single adult needs to earn approximately $45,291 per year to cover basic expenses.