Cost of Living in Mentor, KY

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

Cost of Living Overview

Overall Index

123.7

100 = national avg

+23.7 vs national average

Living Wage (1 Adult)

$54,424

per year

Living Wage (Family of 4)

$128,640

per year

Cost Index by Category

Housing
102.1
Food
125.8
Transportation
151.5
Healthcare
120.6
Utilities
115.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,051

per month

2 Bedroom

$1,353

per month

The overall cost of living index in Mentor is 123.7, which is 23.7% above the national average. Housing costs are above the national average at an index of 102.1. A single adult needs to earn approximately $54,424 per year to cover basic expenses.