Cost of Living in Grand Rivers, KY

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

Cost of Living Overview

Overall Index

98.8

100 = national avg

-1.2 vs national average

Living Wage (1 Adult)

$43,451

per year

Living Wage (Family of 4)

$102,702

per year

Cost Index by Category

Housing
83.1
Food
111.1
Transportation
89.5
Healthcare
108.9
Utilities
103.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$960

per month

2 Bedroom

$1,158

per month

The overall cost of living index in Grand Rivers is 98.8, which is 1.2% below the national average. Housing costs are below the national average at an index of 83.1. A single adult needs to earn approximately $43,451 per year to cover basic expenses.