Cost of Living in Olive Hill, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.3
100 = national avg
-14.7 vs national average
Living Wage (1 Adult)
$37,515
per year
Living Wage (Family of 4)
$88,673
per year
Cost Index by Category
Housing53.5
Food102.8
Transportation105.6
Healthcare102.2
Utilities92.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$703
per month
2 Bedroom
$866
per month
The overall cost of living index in Olive Hill is 85.3, which is 14.7% below the national average. Housing costs are below the national average at an index of 53.5. A single adult needs to earn approximately $37,515 per year to cover basic expenses.