Frankfort, KY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
89
Frankfort's Overall Cost Of Living
0.9x
Lower Than The National Average
35 out of 85
In Kentucky
1,460 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Frankfort is expensive, while a number below 100 means it's a relatively cheap place to live.

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 89 which is 0.9x lower than the national index of 100.

Compared to only Kentucky, Frankfort has a cost of living index that's 1.0x lower than Kentucky's index of 90.

The standard of living in Frankfort ranks as #1,460 most affordable out of the 6,418 places we measured in Kentucky. By definition, that implies Frankfort ranks as the #4,958 most expensive place in the Bluegrass State.

For more reading on life in Frankfort, check out:

Frankfort Cost Of Living Vs. Kentucky

Living Expense Frankfort Kentucky National Average
Overall 89 90 100
Services 104 103 100
Groceries 89 90 100
Health 79 88 100
Housing 71 70 100
Transportation 95 98 100
Utilities 103 102 100
For more reading on cost of living around Kentucky, check out:
Frankfort Cost of Living Vs. KY

Frankfort, KY Housing Cost Breakdown

Housing swings affordability the most between places in Kentucky, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$132,500
Median Home Value
$779
Median Rent
$50,602
Median Income
Statistic Frankfort Kentucky United States
Median Home Value $132,500 $147,100 $229,800
Median Rent $779 $783 $1,096
Median Income $50,602 $52,238 $64,994
Home Value To Income 2.6x 2.8x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x

Detailed Frankfort Services Costs Vs. Kentucky

Item Frankfort Kentucky
Shampoo $0.94 $1.06
Movie $9.56 $10.68
Bowling $15.2 $14.67

Detailed Frankfort Groceries Costs Vs. Kentucky

Item Frankfort Kentucky
Ground Beef $4.12 $4.22
Fried Chicken $1.11 $1.39
Milk $1.64 $2.05

Detailed Frankfort Health Costs Vs. Kentucky

Item Frankfort Kentucky
Haircut $17.72 $18.62
Beauty Salon $37.9 $39.05
Toothpaste $1.74 $2.34

Detailed Frankfort Transportation Costs Vs. Kentucky

Item Frankfort Kentucky
Potatoes $2.9 $3.29
Pizza $10.33 $10.62
Beer $9.29 $9.38
Optometrist $74.07 $108.57
Doctor $82.39 $116.17
Dentist $76.8 $99.13

Detailed Frankfort Utilities Costs Vs. Kentucky

Item Frankfort Kentucky
Gasoline $2.08 $2.22
Tire Balancing $44.57 $50.07
All Electricity $157.57 $167.67
Phone $206.48 $175.64

Frankfort SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
6
Affordability
8
Diversity
8
Safety
5
Amenities
8.5
Education
8
Commute
9

Cost Of Living In Cities Around Frankfort

City Population Cost Of Living Vs. Frankfort
Georgetown, KY 34,362 92 1.0x
Jeffersontown, KY 27,933 98 1.1x
Shelbyville, KY 16,244 94 1.1x
Lawrenceburg, KY 11,416 89 1.0x
Versailles, KY 9,251 91 1.0x
Middletown, KY 7,885 103 1.2x
Douglass Hills, KY 5,713 107 1.2x
Buckner, KY 5,640 120 1.3x

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