Housing costs in Russell Springs?
A typical home costs
$139,300, which is 58.8% less expensive than the national average of
$338,100 and 28.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Russell Springs costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 24.3% cheaper than the state average of
$920.
Can I afford Russell Springs?
To live comfortably in Russell Springs, Kentucky, a minimum annual income of
$26,640 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Russell Springs?
The cost of living in Russell Springs, KY is quite affordable compared to many other cities and towns in the United States. The overall cost of living index is about 10-15% lower than the national average, making it a great place to live for those on a budget. The median home price is around $90,000, making it relatively affordable for first-time buyers. Groceries and health care costs are also lower than the national average, making them more affordable for local residents. Fuel prices tend to be much lower than in larger cities as well. All these factors make Russell Springs an attractive option for people looking to save money on their living expenses.