Cost of Living in Madisonville, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.9
100 = national avg
-11.1 vs national average
Living Wage (1 Adult)
$39,136
per year
Living Wage (Family of 4)
$92,502
per year
Cost Index by Category
Housing85.8
Food93.5
Transportation87.0
Healthcare94.8
Utilities93.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$686
per month
2 Bedroom
$900
per month
The overall cost of living index in Madisonville is 88.9, which is 11.1% below the national average. Housing costs are below the national average at an index of 85.8. A single adult needs to earn approximately $39,136 per year to cover basic expenses.