Cost of LivingUpdated 2026-04-01

Frankfort, Kentucky

In Frankfort, Kentucky, a gallon of regular gas costs $3.88 as of 2026-04-01 — $0.19 below the national average of $4.06. The average monthly rent for all unit types is $1,137, compared to the national average of $1,900. Grocery inflation is running at 5.27% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Frankfort's cost-of-living index of 80 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.88

National: $4.06

210.2%since 2000
AAA Gas Prices

Avg Rent (All)

$1,137

National: $1,900

45.4%since 2000
Zillow ZORI Metro (2026-02)

Grocery Inflation

5.27%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$11.00

Combo meal

4.6%YoY

Electricity

14.27¢

per kWh · ~$128/mo

17.9%vs US avg
EIA Residential

Car Insurance

$190/mo

$2,280/yr

6.0%vs national avg
Bankrate/NAIC

Median Household Income

$66,470

30.1% goes to essentials

30.1%cost burden
Census ACS 2023
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Car Insurance

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Find Apartments

Avg rent $1,137/mo in Frankfort. Browse listings:

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Grocery Prices

Grocery Prices — 2000 to Present

National BLS averages · submit local prices below ↓

Eggs (dozen)

Bird flu volatility

$2.58 BLS avg

+156.4%

Milk (gallon)

$4.10 BLS avg

+44.6%

Ground Beef (lb)

$6.75 BLS avg

+354.4%

Bread (loaf)

$1.84 BLS avg

+104.0%

Chicken Breast (lb)

$2.04 BLS avg

+93.5%

Butter (lb)

$4.70 BLS avg

+28.4%

Bacon (lb)

$7.08 BLS avg

+21.4%

Cheddar Cheese (lb)

$6.19 BLS avg

+22.6%

Pasta (lb)

$1.83 BLS avg

+33.6%

Rice (5 lb)

$4.42 BLS avg

+22.1%

Coffee (12 oz)

$10.36 BLS avg

+41.5%

Orange Juice (64 oz)

Citrus shortage

$4.72 BLS avg

+41.3%

Potatoes (5 lb)

$4.00 BLS avg

+11.4%

Apples (3 lb)

$4.54 BLS avg

+15.8%

Tomatoes (lb)

$2.48 BLS avg

+31.2%

Lettuce (head)

$2.02 BLS avg

+28.7%

Cooking Oil (48 oz)

$7.20 BLS avg

+43.1%

Yogurt (32 oz)

$4.10 BLS avg

+13.3%

Cereal (family size)

$5.74 BLS avg

+33.2%

Frozen Pizza

$7.94 BLS avg

+44.1%

Dining & Restaurants

Fast Food Meal

$11.00

Casual Dining

$14.21

Monthly Spend

$246.59

+4.6% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $5.08

$8.20

+61.4%

Wendy's

2022: $5.74

$8.86

+54.4%

Chipotle

2022: $6.15

$9.18

+49.3%

Starbucks

2022: $2.91

$4.04

+38.8%

Eating out more? Save on groceries with Ibotta and cook at home more often.

Looking for an Apartment in Frankfort?

Average 1BR: $932/mo · 2BR: $1,342/mo

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Local Workforce

2024 · BLS QCEW

Total Jobs

35k

Median Weekly Pay

$1,157

$60k/yr

Top Sector

Professional & Business Services

Household vs Worker Pay

$66k

household median

Employment by Sector — Frankfort

% of local workforce · avg weekly wage · 5-year growth trend

Professional & Business Services
+81.6% 5yr$1,243/wk
17.0%

~$65k/yr

Trade, Transportation & Utilities
+10.9% 5yr$1,074/wk
10.2%

~$56k/yr

Construction
+14.0% 5yr$1,324/wk
9.7%

~$69k/yr

Education & Health Services
-15.6% 5yr$1,040/wk
8.7%

~$54k/yr

Leisure & Hospitality
-8.5% 5yr$436/wk
7.6%

~$23k/yr

Source: BLS QCEW 2024 Annual · County FIPS 21073

Highest Paying Sector

Financial Activities

$1,430/wk · $74k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$436/wk · $23k/yr

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