Cost of Living in Owenton, KY

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

Cost of Living Overview

Overall Index

83.9

100 = national avg

-16.1 vs national average

Living Wage (1 Adult)

$36,919

per year

Living Wage (Family of 4)

$87,262

per year

Cost Index by Category

Housing
67.2
Food
89.8
Transportation
113.5
Healthcare
91.9
Utilities
87.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$758

per month

2 Bedroom

$995

per month

The overall cost of living index in Owenton is 83.9, which is 16.1% below the national average. Housing costs are below the national average at an index of 67.2. A single adult needs to earn approximately $36,919 per year to cover basic expenses.