Cost of Living in Flat Lick, KY

With a cost of living index of 78, Flat Lick, KY is a very affordable place to live. Living here is 22% cheaper than the national average and in line with the Kentucky state average. Flat Lick is a small community of 711 residents.

The median household income in Flat Lick is $15,828, which is 79% lower than the national median of $75,149. Residents spend roughly 51% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.