Cost of Living in Georgetown, KY

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

Cost of Living Overview

Overall Index

118.0

100 = national avg

+18.0 vs national average

Living Wage (1 Adult)

$51,942

per year

Living Wage (Family of 4)

$122,771

per year

Cost Index by Category

Housing
125.0
Food
109.9
Transportation
119.8
Healthcare
107.9
Utilities
110.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,079

per month

2 Bedroom

$1,272

per month

The overall cost of living index in Georgetown is 118.0, which is 18.0% above the national average. Housing costs are above the national average at an index of 125.0. A single adult needs to earn approximately $51,942 per year to cover basic expenses.