Farmers cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFarmersKentuckyNational
Cost of living index9689100
IndexFarmersKentuckyNational
Goods & Services index101100100
Groceries index9291100
Health care index8190100
Housing indexn/a70100
Transportation index9699100
Utilities index9598100
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Did you know?

  • The cost of living in Farmers is 8% higher than the Kentucky average.
  • The cost of living in Farmers is 4% lower than the national average.
  • The cost of housing in Farmers is equal to the national average.
  • Kentucky general sales tax is 18% higher than the national average.
  • Kentucky state income tax is 125% higher than the national average.

Compare Farmers, KY Cost of living To Other Cities

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      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$25,724$2,144$600$772
      Renters$0$0$0$0

      Kentucky Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Kentucky6%6%

      Kentucky Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Kentucky5%5%

      Goods & Services

      ItemFarmersNational avg.Difference
      Haircut $16.20$17.497.4%
      Beauty Salon $41.20$38.177.9%
      Toothpaste $1.77$2.3223.7%
      Shampoo $0.91$1.0110.1%
      Movie $10.04$10.726.4%
      Bowling $15.00$13.868.2%

      Groceries

      ItemFarmersNational avg.Difference
      Ground Beef $3.71$3.904.9%
      Fried Chicken $1.07$1.4023.3%
      Milk $1.78$1.969.3%
      Potatoes $3.35$3.185.2%
      Pizza $10.59$10.391.9%
      Beer $8.89$9.233.7%

      Health Care

      ItemFarmersNational avg.Difference
      Optometrist $74.80$106.3429.7%
      Doctor $83.92$115.2527.2%
      Dentist $74.40$98.3824.4%
      Ibuprofen $8.07$9.2612.9%
      Lipitor $483.45$466.473.6%

      Housing

      ItemFarmersNational avg.Difference
      Home Price $0.00$184,700.00100.0%
      Avg. Mortgage Payment $1,097.63$1,273.3213.8%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      ItemFarmersNational avg.Difference
      Gasoline $2.61$2.590.7%
      Tire Balancing $45.15$48.907.7%

      Utilities

      ItemFarmersNational avg.Difference
      All Electricity$151.88$167.609.4%
      Phone $182.48$163.4211.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Frenchburg, KY63381-19%
      Salt Lick, KY30783-17%
      Owingsville, KY1,89685-15%
      Morehead, KY7,61592-8%
      Lakeview Heights, KY32996-4%
      Farmers, KY9496-4%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Woodbury, KY9480-20%
      Powhattan, KS9476-24%
      Etowah, OK9483-17%
      Corn Creek, SD9475-25%
      Salem, NE9477-23%
      Farmers, KY9496-4%
      Source: The Farmers, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.