Cost of Living in Winchester, KY

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

Cost of Living Overview

Overall Index

91.6

100 = national avg

-8.4 vs national average

Living Wage (1 Adult)

$40,299

per year

Living Wage (Family of 4)

$95,252

per year

Cost Index by Category

Housing
91.5
Food
94.1
Transportation
88.1
Healthcare
95.3
Utilities
94.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,079

per month

2 Bedroom

$1,272

per month

The overall cost of living index in Winchester is 91.6, which is 8.4% below the national average. Housing costs are below the national average at an index of 91.5. A single adult needs to earn approximately $40,299 per year to cover basic expenses.