Housing costs in Mayfield?
A typical home costs
$135,800, which is 59.8% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Mayfield costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 22.7% cheaper than the state average of
$920.
Can I afford Mayfield?
To live comfortably in Mayfield, Kentucky, a minimum annual income of
$25,920 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Mayfield?
Mayfield, KY has a cost of living that is slightly lower than the national average. Rent for a one bedroom apartment in the city center can range anywhere from $500 to $800 per month, while two bedroom apartments typically range from $600 to $1000. Groceries and other necessary items are also relatively affordable, with average prices being well below the national average. Additionally, property taxes tend to be lower than what is seen nationally. All of this combines to make Mayfield, KY a great place for those looking for an affordable cost of living.