Cost of Living in Flatwoods, KY

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

Cost of Living Overview

Overall Index

90.2

100 = national avg

-9.8 vs national average

Living Wage (1 Adult)

$39,674

per year

Living Wage (Family of 4)

$93,774

per year

Cost Index by Category

Housing
82.5
Food
96.2
Transportation
92.4
Healthcare
97.0
Utilities
94.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$853

per month

2 Bedroom

$973

per month

The overall cost of living index in Flatwoods is 90.2, which is 9.8% below the national average. Housing costs are below the national average at an index of 82.5. A single adult needs to earn approximately $39,674 per year to cover basic expenses.