Loretto, KY Cost of Living


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United States / Kentucky / No Metro Area / Marion County / Loretto / Zip Codes

Loretto cost of living score
74
Less expensive
26.0% lower
than the US average
10.1% lower
than the Kentucky average
Loretto, Kentucky gets a BestPlaces Cost of Living score of 74, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.0% lower than the U.S. average and 10.1% higher than the average for Kentucky.

Loretto, KY

Housing costs in Loretto?
A typical home costs $180,300, which is 46.7% less expensive than the national average of $338,100 and 7.2% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Loretto costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 16.5% cheaper than the state average of $920.

Can I afford Loretto?
To live comfortably in Loretto, Kentucky, a minimum annual income of $34,560 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Loretto?
The cost of living in Loretto, KY is relatively low compared to the national average. Property taxes are low, and the overall cost of goods and services is comparatively lower than other areas of the U.S. Housing costs are particularly attractive, with affordable prices for both renters and homeowners. In addition, groceries, transportation, and healthcare are all reasonably priced in Loretto. On the whole, Loretto provides a great quality of life at a significantly lower cost than many other cities across the nation.
   Cost of living score
     CategoriesLorettoKentuckyUnited States
  74.082.3100.0
  94.194.2100
  98.9102.2100.0
  43.256.9100.0
  $180,300$194,300$338,100
  93.2%92.9%100.0%
  74.489.1100.0
  71.177.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Loretto
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Over 4 years ago

I've lived in this community 30 years. Its a friendly community. There is a definite drug problem and people here are pretty set in their ways. Single moms are  More

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