Cost of LivingUpdated 2026-03-23

Frankfort, Kentucky

In Frankfort, Kentucky, a gallon of regular gas costs $3.75 as of 2026-03-23 — $0.29 above the national average of $3.45. The average monthly rent for all unit types is $725.04, compared to the national average of $1,900. Grocery inflation is running at 2.33% 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 72 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.75

National: $3.45

152.2%vs. 2022

Avg Rent (All)

$725.04

National: $1,900

76.8%vs. 2022

Grocery Inflation

2.33%

Year-over-year

Fast Food Avg

$8.20

Combo meal

4.6%YoY

Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.63$1.92$2.46$3.68$2.02+23.9%
Milk (gallon)$3.11$3.29$3.26$3.39$3.46+11.3%
Ground Beef (lb)$3.65$4.48$4.75$5.09$5.24+43.6%
Bread (loaf)$1.97$2.63$2.90$3.07$3.13+58.9%
Chicken Breast (lb)$3.21$3.33$3.43$3.46$3.56+10.9%
Butter (lb)$3.66$4.14$4.43$4.56$4.70+28.4%
Bacon (lb)$5.83$6.30$6.61$6.81$7.08+21.4%
Cheddar Cheese (lb)$5.05$5.50$5.78$6.01$6.19+22.6%
Pasta (lb)$1.37$1.70$1.78$1.83$1.83+33.6%
Rice (5 lb)$3.62$4.08$4.29$4.38$4.42+22.1%
Coffee (12 oz)$7.32$8.87$9.39$9.86$10.36+41.5%
Orange Juice (64 oz)Citrus shortage$3.34$3.94$4.33$4.54$4.72+41.3%
Potatoes (5 lb)$3.59$3.77$3.88$4.00$4.00+11.4%
Apples (3 lb)$3.92$4.07$4.28$4.41$4.54+15.8%
Tomatoes (lb)$1.89$2.14$2.31$2.43$2.48+31.2%
Lettuce (head)$1.57$1.73$1.85$1.94$2.02+28.7%
Cooking Oil (48 oz)$5.03$6.22$6.72$6.92$7.20+43.1%
Yogurt (32 oz)$3.62$3.83$3.94$4.10$4.10+13.3%
Cereal (family size)$4.31$4.96$5.31$5.63$5.74+33.2%
Frozen Pizza$5.51$6.74$7.28$7.79$7.94+44.1%

Dining & Restaurants

Fast Food Meal

$8.20

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: $684/mo · 2BR: $852.63/mo

Browse Frankfort Apartments →

Newsletter

Get the Monthly Price Report

We track gas, groceries, and rent so you know what's coming before it hits your wallet. One email, once a month, no spam.

No spam. Unsubscribe anytime. Data updated monthly from FRED, Zillow, AAA.

How does Frankfort compare to other Kentucky cities?

Compare Cities Side by Side →