Cost of Living in Russell, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.9
100 = national avg
+6.9 vs national average
Living Wage (1 Adult)
$47,024
per year
Living Wage (Family of 4)
$111,148
per year
Cost Index by Category
Housing98.4
Food108.4
Transportation116.8
Healthcare106.7
Utilities104.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$853
per month
2 Bedroom
$973
per month
The overall cost of living index in Russell is 106.9, which is 6.9% above the national average. Housing costs are below the national average at an index of 98.4. A single adult needs to earn approximately $47,024 per year to cover basic expenses.