Cost of Living in Fredonia, KY

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

Cost of Living Overview

Overall Index

89.4

100 = national avg

-10.6 vs national average

Living Wage (1 Adult)

$39,320

per year

Living Wage (Family of 4)

$92,938

per year

Cost Index by Category

Housing
67.6
Food
101.5
Transportation
103.0
Healthcare
101.2
Utilities
94.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$714

per month

2 Bedroom

$866

per month

The overall cost of living index in Fredonia is 89.4, which is 10.6% below the national average. Housing costs are below the national average at an index of 67.6. A single adult needs to earn approximately $39,320 per year to cover basic expenses.