Cost of Living in Van Lear, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.0
100 = national avg
-44.0 vs national average
Living Wage (1 Adult)
$24,658
per year
Living Wage (Family of 4)
$58,283
per year
Cost Index by Category
Housing41.0
Food75.1
Transportation50.3
Healthcare80.1
Utilities73.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$696
per month
2 Bedroom
$866
per month
The overall cost of living index in Van Lear is 56.0, which is 44.0% below the national average. Housing costs are below the national average at an index of 41.0. A single adult needs to earn approximately $24,658 per year to cover basic expenses.