Cost of Living in McHenry, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.4
100 = national avg
-33.6 vs national average
Living Wage (1 Adult)
$29,209
per year
Living Wage (Family of 4)
$69,039
per year
Cost Index by Category
Housing56.6
Food80.3
Transportation60.5
Healthcare84.2
Utilities79.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$660
per month
2 Bedroom
$866
per month
The overall cost of living index in McHenry is 66.4, which is 33.6% below the national average. Housing costs are below the national average at an index of 56.6. A single adult needs to earn approximately $29,209 per year to cover basic expenses.