Cost of Living in Fort Knox, KY

With a cost of living index of 94, Fort Knox, KY is slightly more affordable than average. Living here is 6% cheaper than the national average and 15% above the Kentucky state average of 78. Fort Knox is a smaller community of 8,715 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Fort Knox is $74,224, which is 1% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Elizabethtown, KY (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.