Pine Knot, KY Economy

Pine Knot, KY is a small town that offers its residents a peaceful atmosphere with amenities close by. It’s home to several local businesses such as Pine Knot Hardware, Pine Knot Bank & Trust, and the Pine Knot Market. The cost of living there is lower than other areas in the US; for example, the median rent for 2 bedrooms is about $760 whereas the US median rent for 2 bedrooms is $1,430. Additionally, items at grocery stores are relatively cheaper with an index score of 93 versus 100 in the US. All together these factors create a great environment for those looking to save some money while still enjoying all that a small town has to offer.