Cost of Living in Martin, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
47.8
100 = national avg
-52.2 vs national average
Living Wage (1 Adult)
$21,044
per year
Living Wage (Family of 4)
$49,741
per year
Cost Index by Category
Housing37.8
Food67.3
Transportation34.5
Healthcare73.8
Utilities67.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$689
per month
2 Bedroom
$904
per month
The overall cost of living index in Martin is 47.8, which is 52.2% below the national average. Housing costs are below the national average at an index of 37.8. A single adult needs to earn approximately $21,044 per year to cover basic expenses.