Cost of Living in LaFayette, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.3
100 = national avg
-16.7 vs national average
Living Wage (1 Adult)
$36,662
per year
Living Wage (Family of 4)
$86,657
per year
Cost Index by Category
Housing81.7
Food88.9
Transportation77.7
Healthcare91.1
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,094
per month
2 Bedroom
$1,346
per month
The overall cost of living index in LaFayette is 83.3, which is 16.7% below the national average. Housing costs are below the national average at an index of 81.7. A single adult needs to earn approximately $36,662 per year to cover basic expenses.