Cost of Living in Murray, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.1
100 = national avg
-19.9 vs national average
Living Wage (1 Adult)
$35,240
per year
Living Wage (Family of 4)
$83,295
per year
Cost Index by Category
Housing92.3
Food80.8
Transportation61.7
Healthcare84.7
Utilities87.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$837
per month
2 Bedroom
$1,098
per month
The overall cost of living index in Murray is 80.1, which is 19.9% below the national average. Housing costs are below the national average at an index of 92.3. A single adult needs to earn approximately $35,240 per year to cover basic expenses.