Morehead, KY Cost Of Living

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

Cost of living in Morehead, Kentucky

Cost of living in Morehead 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 Morehead 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:

93 Cost of living index 0.9x lower vs US
#51 Cheapest in Kentucky (of 85)
#1,516 Cheapest in the U.S. (of 6,489)
$179,843 Median home value
$800 Median rent
$36,741 Median income
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What is the cost of living in Morehead, KY?

According to the most recent data on the cost of living, Morehead has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

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

The standard of living in Morehead ranks as #51 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Morehead ranks as the #34 most expensive place in the Bluegrass State.

For more reading on life in Morehead, check out:

Morehead Cost Of Living Vs. Kentucky

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

  • The Services index in Morehead is 97.

  • The Groceries index in Morehead is 98.

  • The Health index in Morehead is 83.

  • The Housing index in Morehead is 99.

  • The Transportation index in Morehead is 95.

  • The Utilities index in Morehead is 93.

Living Expense Morehead Kentucky National Average
Overall 93 89 100
Services 97 100 100
Groceries 98 98 100
Health 83 68 100
Housing 99 98 100
Transportation 95 95 100
Utilities 93 96 100

Morehead Cost Of Living Compared To Kentucky Averages

Services
Morehead 97
Kentucky avg 100
Groceries
Morehead 98
Kentucky avg 98
Health
Morehead 83
Kentucky avg 68
Housing
Morehead 99
Kentucky avg 98
Transportation
Morehead 95
Kentucky avg 95
Utilities
Morehead 93
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

Morehead, KY Housing Cost Breakdown

$179,843Median Home Value
$800Median Rent
$36,741Median 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 Morehead is $179,843.

  • The Median Rent in Morehead is $800.

  • The Median Income in Morehead is $36,741.

  • The Home Value To Income in Morehead is 4.9x.

  • The Rent To Monthly Income in Morehead is 0.26x.

Statistic Morehead Kentucky United States
Median Home Value $179,843 $231,894 $332,700
Median Rent $800 $967 $1,413
Median Income $36,741 $63,726 $80,734
Home Value To Income 4.9x 3.6x 4.1x
Rent To Monthly Income 0.26x 0.18x 0.21x

Morehead, KY Costs By Category

Detailed Morehead Services costs vs. Kentucky
Item Morehead Kentucky
Shampoo $1.21 $1.28
Movie $13.05 $12.13
Bowling $21.91 $18
Haircut $26.5 $24.26
Beauty Salon $53.07 $45.56
Detailed Morehead Groceries costs vs. Kentucky
Item Morehead Kentucky
Ground Beef $6.07 $5.84
Fried Chicken $1.4 $1.57
Milk $4.72 $4.67
Potatoes $5.19 $4.93
Pizza $10.35 $12.09
Beer $9.84 $10.41
Toothpaste $3.5 $3.7
Detailed Morehead Health costs vs. Kentucky
Item Morehead Kentucky
Optometrist $87.52 $125.68
Doctor $106.15 $135.78
Dentist $102.55 $113.29
Detailed Morehead Transportation costs vs. Kentucky
Item Morehead Kentucky
Gasoline $3.11 $3.46
Tire Balancing $58.38 $59.92
Detailed Morehead Utilities costs vs. Kentucky
Item Morehead Kentucky
All Electricity $207.41 $193.99
Phone $192.46 $192.25

Morehead SnackAbility

6Overall SnackAbility
Jobs 5/10
Housing 6/10
Affordability 4/10
Diversity 5/10
Safety 8/10
Amenities 7/10
Education 8/10
Commute 9.5/10

Cost Of Living In Cities Around Morehead

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

  • Ashland, KY has a cost of living index of 87, 0.9x Morehead.

  • Winchester, KY has a cost of living index of 90, 1.0x Morehead.

  • Ironton, OH has a cost of living index of 84, 0.9x Morehead.

City Population Cost Of Living Vs. Morehead
Ashland, KY 21,295 87 0.9x
Winchester, KY 19,213 90 1.0x
Ironton, OH 10,768 84 0.9x
Paris, KY 10,160 89 1.0x
Maysville, KY 8,737 89 1.0x
Flatwoods, KY 7,269 88 0.9x
Cynthiana, KY 6,458 86 0.9x