Zip 41164 (Olive Hill, KY) Cost of Living


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United States / Kentucky / No Metro Area / Carter County / Olive Hill / Olive Hill (zip 41164)
How much do I need to live in Olive Hill, Kentucky?
$1,710 / month
for a family, 68.3% less expensive than the national average A total of $20,520 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Olive Hill cost of living score
73
Less expensive
27.0% lower
than the US average
11.3% lower
than the Kentucky average
Olive Hill (zip 41164), Kentucky gets a BestPlaces Cost of Living score of 73, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.0% lower than the U.S. average and 11.3% higher than the average for Kentucky.

Zip 41164 (Olive Hill, KY)

Housing costs in Olive Hill?
A typical home costs $106,800, which is 68.4% less expensive than the national average of $338,100 and 45.0% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Olive Hill costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 17.9% cheaper than the state average of $920.

Can I afford Olive Hill?
To live comfortably in Olive Hill (zip 41164), Kentucky, a minimum annual income of $20,520 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Olive Hill?
The cost of living in 41164 Olive Hill, KY is quite affordable compared to other places. The median home value here is $94,000 and the median rent is just $675 per month. There are also many jobs available in the area which helps contribute to the lower cost of living. The overall cost of groceries and other essentials is also very reasonable, making it a great place for those on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesOlive HillKentuckyUnited States
    Unlock82.3100.0
  96.8  Unlock100.0
    Unlock102.2100.0
  25.1  Unlock100.0
    Unlock$194,300$338,100
  94.6  Unlock100.0
    Unlock89.1100.0
  69.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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