Cost of Living in Milton, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.3
100 = national avg
-11.7 vs national average
Living Wage (1 Adult)
$38,854
per year
Living Wage (Family of 4)
$91,836
per year
Cost Index by Category
Housing83.5
Food93.7
Transportation87.4
Healthcare95.0
Utilities92.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$780
per month
2 Bedroom
$1,001
per month
The overall cost of living index in Milton is 88.3, which is 11.7% below the national average. Housing costs are below the national average at an index of 83.5. A single adult needs to earn approximately $38,854 per year to cover basic expenses.