Cost of Living in Ravenna, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.0
100 = national avg
-30.0 vs national average
Living Wage (1 Adult)
$30,821
per year
Living Wage (Family of 4)
$72,849
per year
Cost Index by Category
Housing71.3
Food78.3
Transportation56.5
Healthcare82.6
Utilities81.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$790
per month
2 Bedroom
$866
per month
The overall cost of living index in Ravenna is 70.0, which is 30.0% below the national average. Housing costs are below the national average at an index of 71.3. A single adult needs to earn approximately $30,821 per year to cover basic expenses.