Cost of Living in Monterey, KY
Population: 94 | Kentucky
Monterey is 19% less expensive than the national average.
Cost of Living in Monterey, KY: What You Need to Know
With a cost of living index of 81, Monterey, KY is a very affordable place to live. Living here is 19% cheaper than the national average and 3% above the Kentucky state average of 78. Monterey is a small community of 94 residents.
The median household income in Monterey is $66,458, which is 12% lower than the national median of $75,149. 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.
Income
- Median Household Income
- $66,458
- vs US Median ($75,149)
- -12%
Housing
- Median Home Value
- $107,100
- Median Monthly Housing Cost
- $663/mo