Cost of Living in Hanson, KY

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

Cost of Living Overview

Overall Index

110.4

100 = national avg

+10.4 vs national average

Living Wage (1 Adult)

$48,583

per year

Living Wage (Family of 4)

$114,832

per year

Cost Index by Category

Housing
81.5
Food
119.4
Transportation
138.8
Healthcare
115.5
Utilities
107.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$686

per month

2 Bedroom

$900

per month

The overall cost of living index in Hanson is 110.4, which is 10.4% above the national average. Housing costs are below the national average at an index of 81.5. A single adult needs to earn approximately $48,583 per year to cover basic expenses.