Flatwoods, KY Cost Of Living

The latest cost of living statistics for Flatwoods. Includes statistics on rent, mortgages, healthcare, and other costs for Flatwoods compared to the state and national averages.

Cost of living in Flatwoods, Kentucky

Cost of living in Flatwoods research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Flatwoods is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

88 Cost of living index 0.9x lower vs US
#20 Cheapest in Kentucky (of 85)
#742 Cheapest in the U.S. (of 6,489)
$142,236 Median home value
$940 Median rent
$59,972 Median income
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What is the cost of living in Flatwoods, KY?

According to the most recent data on the cost of living, Flatwoods has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Kentucky, Flatwoods has a cost of living index that's 1.0x lower than Kentucky's index of 89.

The standard of living in Flatwoods ranks as #20 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Flatwoods ranks as the #65 most expensive place in the Bluegrass State.

For more reading on life in Flatwoods, check out:

Flatwoods Cost Of Living Vs. Kentucky

Six factors go into calculating the cost of living index in Flatwoods. Here is how it fares on each of the criteria:

  • The Services index in Flatwoods is 98.

  • The Groceries index in Flatwoods is 95.

  • The Health index in Flatwoods is 62.

  • The Housing index in Flatwoods is 99.

  • The Transportation index in Flatwoods is 94.

  • The Utilities index in Flatwoods is 95.

Living Expense Flatwoods Kentucky National Average
Overall 88 89 100
Services 98 100 100
Groceries 95 98 100
Health 62 68 100
Housing 99 98 100
Transportation 94 95 100
Utilities 95 96 100

Flatwoods Cost Of Living Compared To Kentucky Averages

Services
Flatwoods 98
Kentucky avg 100
Groceries
Flatwoods 95
Kentucky avg 98
Health
Flatwoods 62
Kentucky avg 68
Housing
Flatwoods 99
Kentucky avg 98
Transportation
Flatwoods 94
Kentucky avg 95
Utilities
Flatwoods 95
Kentucky avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Kentucky, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Flatwoods, KY Housing Cost Breakdown

$142,236Median Home Value
$940Median Rent
$59,972Median Income

Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Flatwoods is $142,236.

  • The Median Rent in Flatwoods is $940.

  • The Median Income in Flatwoods is $59,972.

  • The Home Value To Income in Flatwoods is 2.4x.

  • The Rent To Monthly Income in Flatwoods is 0.19x.

Statistic Flatwoods Kentucky United States
Median Home Value $142,236 $231,894 $332,700
Median Rent $940 $967 $1,413
Median Income $59,972 $63,726 $80,734
Home Value To Income 2.4x 3.6x 4.1x
Rent To Monthly Income 0.19x 0.18x 0.21x

Flatwoods, KY Costs By Category

Detailed Flatwoods Services costs vs. Kentucky
Item Flatwoods Kentucky
Shampoo $1.18 $1.28
Movie $12.41 $12.13
Bowling $13.67 $18
Haircut $18.78 $24.26
Beauty Salon $46.22 $45.56
Detailed Flatwoods Groceries costs vs. Kentucky
Item Flatwoods Kentucky
Ground Beef $5.57 $5.84
Fried Chicken $1.35 $1.57
Milk $4.83 $4.67
Potatoes $5.16 $4.93
Pizza $11.31 $12.09
Beer $10.19 $10.41
Toothpaste $3.56 $3.7
Detailed Flatwoods Health costs vs. Kentucky
Item Flatwoods Kentucky
Optometrist $172.33 $125.68
Doctor $158.83 $135.78
Dentist $107.83 $113.29
Detailed Flatwoods Transportation costs vs. Kentucky
Item Flatwoods Kentucky
Gasoline $3.36 $3.46
Tire Balancing $52.0 $59.92
Detailed Flatwoods Utilities costs vs. Kentucky
Item Flatwoods Kentucky
All Electricity $189.47 $193.99
Phone $186.09 $192.25

Flatwoods SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8.5/10
Diversity 4/10
Safety 9/10
Amenities 8.5/10
Education 6/10
Commute 8.5/10

Cost Of Living In Cities Around Flatwoods

The cost of living varies in the cities and towns around Flatwoods. Here's a quick look at the cost of living in the most populous nearby places:

  • Huntington, WV has a cost of living index of 85, 1.0x Flatwoods.

  • Ashland, KY has a cost of living index of 87, 1.0x Flatwoods.

  • Ironton, OH has a cost of living index of 84, 1.0x Flatwoods.

City Population Cost Of Living Vs. Flatwoods
Huntington, WV 45,787 85 1.0x
Ashland, KY 21,295 87 1.0x
Ironton, OH 10,768 84 1.0x
Wheelersburg, OH 6,313 92 1.0x