Cost of Living in Fancy Farm, KY

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

Cost of Living Overview

Overall Index

82.6

100 = national avg

-17.4 vs national average

Living Wage (1 Adult)

$36,357

per year

Living Wage (Family of 4)

$85,935

per year

Cost Index by Category

Housing
53.3
Food
94.0
Transportation
123.0
Healthcare
95.2
Utilities
87.1

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 Fancy Farm is 82.6, which is 17.4% below the national average. Housing costs are below the national average at an index of 53.3. A single adult needs to earn approximately $36,357 per year to cover basic expenses.