What is the cost of living in Frankfort, KY?
According to the most recent data on the cost of living, Frankfort has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Frankfort has a cost of living index that's 1.0x higher than Kentucky's index of 89.
The standard of living in Frankfort ranks as #39 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Frankfort ranks as the #46 most expensive place in the Bluegrass State.
For more reading on life in Frankfort, check out:
Frankfort Cost Of Living Vs. Kentucky
Six factors go into calculating the cost of living index in Frankfort. Here is how it fares on each of the criteria:
The Services index in Frankfort is 101.
The Groceries index in Frankfort is 96.
The Health index in Frankfort is 78.
The Housing index in Frankfort is 95.
The Transportation index in Frankfort is 94.
The Utilities index in Frankfort is 95.
| Living Expense | Frankfort | Kentucky | National Average |
|---|---|---|---|
| Overall | 91 | 89 | 100 |
| Services | 101 | 100 | 100 |
| Groceries | 96 | 98 | 100 |
| Health | 78 | 68 | 100 |
| Housing | 95 | 98 | 100 |
| Transportation | 94 | 95 | 100 |
| Utilities | 95 | 96 | 100 |
Frankfort Cost Of Living Compared To Kentucky Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Kentucky, check out:
Protect your home budget Compare home warranties in Frankfort Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Frankfort, KY Housing Cost Breakdown
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 Frankfort is $240,679.
The Median Rent in Frankfort is $944.
The Median Income in Frankfort is $53,073.
The Home Value To Income in Frankfort is 4.5x.
The Rent To Monthly Income in Frankfort is 0.21x.
Frankfort, KY Costs By Category
Detailed Frankfort Services costs vs. Kentucky
Detailed Frankfort Groceries costs vs. Kentucky
Detailed Frankfort Health costs vs. Kentucky
Detailed Frankfort Transportation costs vs. Kentucky
Frankfort SnackAbility
Cost Of Living In Cities Around Frankfort
The cost of living varies in the cities and towns around Frankfort. Here's a quick look at the cost of living in the most populous nearby places:
Georgetown, KY has a cost of living index of 97, 1.1x Frankfort.
Jeffersontown, KY has a cost of living index of 101, 1.1x Frankfort.
Shelbyville, KY has a cost of living index of 99, 1.1x Frankfort.
| City | Population | Cost Of Living | Vs. Frankfort |
|---|---|---|---|
| Georgetown, KY | 39,117 | 97 | 1.1x |
| Jeffersontown, KY | 29,199 | 101 | 1.1x |
| Shelbyville, KY | 17,668 | 99 | 1.1x |
| Lawrenceburg, KY | 11,943 | 92 | 1.0x |
| Versailles, KY | 10,492 | 93 | 1.0x |
| Middletown, KY | 9,763 | 108 | 1.2x |
| Walton, KY | 5,730 | 96 | 1.1x |
| Douglass Hills, KY | 5,474 | 107 | 1.2x |
