Housing costs in Erlanger?
A typical home costs
$203,300, which is 39.9% less expensive than the national average of
$338,100 and 4.6% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Erlanger costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 22.0% more than the state average of
$920.
Can I afford Erlanger?
To live comfortably in Erlanger, Kentucky, a minimum annual income of
$38,880 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Erlanger?
The cost of living in Erlanger, KY is relatively affordable compared to other nearby cities. The average rent for a one-bedroom apartment is around $770 per month, while the median home value is just over $160,000. Grocery and utility costs are also reasonable, with food staples and utilities costing an average of 12% less than the national average. Additionally, transportation costs are quite low: gasoline prices are consistently below the national average, and public transit is available through TANK Transit Authority. As such, those looking for a more affordable cost of living without sacrificing quality of life will find Erlanger to be an ideal destination.