Cost of Living in Hazard, KY

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12%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
35%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Hazard Kentucky National
Cost of living8888100
Groceries9698100
Health care9997100
Housing6570100
Transportation9796100
Utilities9995100
Lifestyle & Entertainment9995100
Household Items9897100
Education & Childcare10094100
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Homes For Sale In Hazard, KY

property for sale

10 Gorman Ridge Rd

Hazard, KY
property for sale

34 Woodcrest Dr

Hazard, KY
property for sale

2232 N Main St

Hazard, KY
property for sale

395 High Rock Rd

Hazard, KY
See the Newest Homes For Sale In Hazard, KY

Cost Of Living Quick Facts

  • The cost of living in Hazard is equal to the Kentucky average
  • The cost of living in Hazard is 12% lower than the national average
  • Hazard housing is 35% lower than the national average
  • Kentucky general sales tax is 18% higher than the national average
  • Kentucky state income tax is 73% higher than the national average

Most Affordable Places to Live in and Around Hazard

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Compare Hazard, KY Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$92,979$7,748$2,169$2,790
      Renters$41,511$3,459$969$1,245
      A good way to judge both the affordability of the housing and the cost of living in Hazard is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hazard has a median income of about $92,979 for people who own homes. Based on that number, a maximum of $2,169 should be spent on expenses related to housing. Renters have a slightly different median income, which is $41,511. Based on this average, renters should spend no more than $969 on all rental costs if they want to maintain a non-impoverished standard of living.

      Kentucky Sales Tax

      State General Sales Tax With Max Surtax
      Kentucky 6% 6%

      Kentucky Income Tax

      State Income Tax (Low) Income Tax (High)
      Kentucky 4.5% 4.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Jeff, KY269982.0%
      Combs, KY182982.0%
      Blackey, KY877722.8%
      Buckhorn, KY1068118.6%
      Hyden, KY3828316.5%
      Hazard, KY5,0768811.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ironwood, MI5,0768118.9%
      Mendham, NJ5,07617272.0%
      Watseka, IL5,0758515.0%
      Winslow, ME5,075954.8%
      Los Chaves, NM5,075954.9%
      Hazard, KY5,0768811.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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