Cost of Living in McDowell, KY

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

Cost of Living Overview

Overall Index

58.3

100 = national avg

-41.7 vs national average

Living Wage (1 Adult)

$25,635

per year

Living Wage (Family of 4)

$60,591

per year

Cost Index by Category

Housing
42.1
Food
77.2
Transportation
54.4
Healthcare
81.8
Utilities
74.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$689

per month

2 Bedroom

$904

per month

The overall cost of living index in McDowell is 58.3, which is 41.7% below the national average. Housing costs are below the national average at an index of 42.1. A single adult needs to earn approximately $25,635 per year to cover basic expenses.