Housing costs in Danville?
A typical home costs
$213,200, which is 36.9% less expensive than the national average of
$338,100 and 9.7% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Danville costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 21.1% cheaper than the state average of
$920.
Can I afford Danville?
To live comfortably in Danville, Kentucky, a minimum annual income of
$40,680 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Danville?
The cost of living in Danville, KY is relatively low when compared to the rest of the country. Property prices tend to be quite affordable, with median home prices at around $138,000 according to Zillow. Renting is also fairly inexpensive in Danville, with a two-bedroom apartment averaging about $737 per month. The overall cost of living index for the city is approximately 87.5, which is 13.5% lower than the national average. Utilizing local resources, such as libraries and public transportation can help reduce expenses even further. Overall, Danville provides an affordable range of housing options and other necessities that make it a great place to live.