Housing costs in Paducah?
A typical home costs
$163,200, which is 51.7% less expensive than the national average of
$338,100 and 16.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Paducah costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$920.
Can I afford Paducah?
To live comfortably in Paducah, Kentucky, a minimum annual income of
$31,320 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Paducah?
Paducah, KY offers a low cost of living compared to the national average. The cost of basic items like groceries and gas are usually lower than in other parts of the country. Housing prices in Paducah tend to be more moderate than in larger cities, making it an attractive option for those looking to save money on rent and other housing expenses. Furthermore, the local economy is largely based on agriculture and manufacturing, meaning there are plenty of job opportunities available that can help provide a steady income for residents. All things considered, Paducah is an ideal place to settle down for those who want to enjoy a high quality of life without having to break their budget.