Cost of Living in Morehead, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.3
100 = national avg
-25.7 vs national average
Living Wage (1 Adult)
$32,671
per year
Living Wage (Family of 4)
$77,223
per year
Cost Index by Category
Housing86.3
Food76.8
Transportation53.5
Healthcare81.4
Utilities83.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$735
per month
2 Bedroom
$911
per month
The overall cost of living index in Morehead is 74.3, which is 25.7% below the national average. Housing costs are below the national average at an index of 86.3. A single adult needs to earn approximately $32,671 per year to cover basic expenses.