Cost of Living in Nebo, KY

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

Cost of Living Overview

Overall Index

80.0

100 = national avg

-20.0 vs national average

Living Wage (1 Adult)

$35,217

per year

Living Wage (Family of 4)

$83,240

per year

Cost Index by Category

Housing
79.9
Food
85.9
Transportation
71.9
Healthcare
88.8
Utilities
87.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$686

per month

2 Bedroom

$900

per month

The overall cost of living index in Nebo is 80.0, which is 20.0% below the national average. Housing costs are below the national average at an index of 79.9. A single adult needs to earn approximately $35,217 per year to cover basic expenses.