Cost of Living in Nicholasville, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.7
100 = national avg
+3.7 vs national average
Living Wage (1 Adult)
$45,631
per year
Living Wage (Family of 4)
$107,856
per year
Cost Index by Category
Housing106.2
Food101.6
Transportation103.2
Healthcare101.3
Utilities102.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,079
per month
2 Bedroom
$1,272
per month
The overall cost of living index in Nicholasville is 103.7, which is 3.7% above the national average. Housing costs are above the national average at an index of 106.2. A single adult needs to earn approximately $45,631 per year to cover basic expenses.