Cost of Living in Farley, KY

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

Cost of Living Overview

Overall Index

73.7

100 = national avg

-26.3 vs national average

Living Wage (1 Adult)

$32,411

per year

Living Wage (Family of 4)

$76,607

per year

Cost Index by Category

Housing
65.1
Food
84.9
Transportation
69.8
Healthcare
87.9
Utilities
84.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$851

per month

2 Bedroom

$1,058

per month

The overall cost of living index in Farley is 73.7, which is 26.3% below the national average. Housing costs are below the national average at an index of 65.1. A single adult needs to earn approximately $32,411 per year to cover basic expenses.