Morehead, KY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
90
Morehead's Overall Cost Of Living
0.9x
Lower Than The National Average
41 out of 85
In Kentucky
1,633 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 Morehead is expensive, while a number below 100 means it's a relatively cheap place to live.

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

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

The standard of living in Morehead ranks as #1,633 most affordable out of the 6,418 places we measured in Kentucky. By definition, that implies Morehead ranks as the #4,785 most expensive place in the Bluegrass State.

For more reading on life in Morehead, check out:

Morehead Cost Of Living Vs. Kentucky

Living Expense Morehead Kentucky National Average
Overall 90 90 100
Services 100 103 100
Groceries 90 90 100
Health 81 88 100
Housing 80 70 100
Transportation 95 98 100
Utilities 102 102 100
For more reading on cost of living around Kentucky, check out:
Morehead Cost of Living Vs. KY

Morehead, 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.

$161,200
Median Home Value
$656
Median Rent
$29,779
Median Income
Statistic Morehead Kentucky United States
Median Home Value $161,200 $147,100 $229,800
Median Rent $656 $783 $1,096
Median Income $29,779 $52,238 $64,994
Home Value To Income 5.4x 2.8x 3.5x
Rent To Monthly Income 0.26x 0.18x 0.2x

Detailed Morehead Services Costs Vs. Kentucky

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

Detailed Morehead Groceries Costs Vs. Kentucky

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

Detailed Morehead Health Costs Vs. Kentucky

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

Detailed Morehead Transportation Costs Vs. Kentucky

Item Morehead 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 Morehead Utilities Costs Vs. Kentucky

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

Morehead SnackAbility

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

Cost Of Living In Cities Around Morehead

City Population Cost Of Living Vs. Morehead
Ashland, KY 20,449 83 0.9x
Winchester, KY 18,520 89 1.0x
Ironton, OH 10,749 83 0.9x
Paris, KY 9,776 88 1.0x
Maysville, KY 8,752 86 1.0x
Flatwoods, KY 7,143 82 0.9x
Cynthiana, KY 6,270 86 1.0x

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