Cost of Living in Hickman, KY

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

Cost of Living Overview

Overall Index

50.2

100 = national avg

-49.8 vs national average

Living Wage (1 Adult)

$22,072

per year

Living Wage (Family of 4)

$52,171

per year

Cost Index by Category

Housing
41.0
Utilities
82.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$660

per month

2 Bedroom

$866

per month

The overall cost of living index in Hickman is 50.2, which is 49.8% below the national average. Housing costs are below the national average at an index of 41.0. A single adult needs to earn approximately $22,072 per year to cover basic expenses.