Cost of Living in Murray Hill, KY

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

Cost of Living Overview

Overall Index

185.5

100 = national avg

+85.5 vs national average

Living Wage (1 Adult)

$81,628

per year

Living Wage (Family of 4)

$192,938

per year

Cost Index by Category

Housing
238.8
Food
138.4
Transportation
176.8
Healthcare
130.7
Utilities
150.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,047

per month

2 Bedroom

$1,272

per month

The overall cost of living index in Murray Hill is 185.5, which is 85.5% above the national average. Housing costs are above the national average at an index of 238.8. A single adult needs to earn approximately $81,628 per year to cover basic expenses.