Cost of Living in Smithland, KY

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

Cost of Living Overview

Overall Index

80.2

100 = national avg

-19.8 vs national average

Living Wage (1 Adult)

$35,283

per year

Living Wage (Family of 4)

$83,396

per year

Cost Index by Category

Housing
74.3
Food
88.4
Transportation
76.8
Healthcare
90.7
Utilities
87.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$960

per month

2 Bedroom

$1,158

per month

The overall cost of living index in Smithland is 80.2, which is 19.8% below the national average. Housing costs are below the national average at an index of 74.3. A single adult needs to earn approximately $35,283 per year to cover basic expenses.