Cost of Living in Hazard, KY

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

Cost of Living Overview

Overall Index

93.7

100 = national avg

-6.3 vs national average

Living Wage (1 Adult)

$41,212

per year

Living Wage (Family of 4)

$97,409

per year

Cost Index by Category

Housing
77.1
Food
102.4
Transportation
104.8
Healthcare
101.9
Utilities
96.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$731

per month

2 Bedroom

$959

per month

The overall cost of living index in Hazard is 93.7, which is 6.3% below the national average. Housing costs are below the national average at an index of 77.1. A single adult needs to earn approximately $41,212 per year to cover basic expenses.