Cost of Living in Grayson, KY

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

Cost of Living Overview

Overall Index

61.8

100 = national avg

-38.2 vs national average

Living Wage (1 Adult)

$27,191

per year

Living Wage (Family of 4)

$64,269

per year

Cost Index by Category

Housing
64.5
Food
71.8
Transportation
43.6
Healthcare
77.5
Utilities
76.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$703

per month

2 Bedroom

$866

per month

The overall cost of living index in Grayson is 61.8, which is 38.2% below the national average. Housing costs are below the national average at an index of 64.5. A single adult needs to earn approximately $27,191 per year to cover basic expenses.