Cost of Living in Mount Vernon, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.4
100 = national avg
-32.6 vs national average
Living Wage (1 Adult)
$29,647
per year
Living Wage (Family of 4)
$70,075
per year
Cost Index by Category
Housing61.1
Food79.5
Transportation59.1
Healthcare83.6
Utilities79.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$741
per month
2 Bedroom
$866
per month
The overall cost of living index in Mount Vernon is 67.4, which is 32.6% below the national average. Housing costs are below the national average at an index of 61.1. A single adult needs to earn approximately $29,647 per year to cover basic expenses.