Cost of Living in St. Matthews, KY

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

Cost of Living Overview

Overall Index

127.9

100 = national avg

+27.9 vs national average

Living Wage (1 Adult)

$56,291

per year

Living Wage (Family of 4)

$133,051

per year

Cost Index by Category

Housing
147.4
Food
111.7
Transportation
123.4
Healthcare
109.4
Utilities
116.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,047

per month

2 Bedroom

$1,272

per month

The overall cost of living index in St. Matthews is 127.9, which is 27.9% above the national average. Housing costs are above the national average at an index of 147.4. A single adult needs to earn approximately $56,291 per year to cover basic expenses.