Mount Sterling Metro Area, KY Cost of Living


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United States / Kentucky / Mount Sterling Metro Area / Counties / Cities / Zip Codes

Mount Sterling cost of living score
74.9
Less expensive
25.1% lower
than the US average
9.0% lower
than the Kentucky average
Mount Sterling Kentu Metro Area, Kentucky gets a BestPlaces Cost of Living score of 74.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.1% lower than the U.S. average and 9.0% higher than the average for Kentucky.

Mount Sterling Metro Area, KY

Housing costs in Mount Sterling?
A typical home costs $158,300, which is 53.2% less expensive than the national average of $338,100 and 18.5% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Mount Sterling 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 Mount Sterling?
To live comfortably in Mount Sterling Kentu Metro Area, Kentucky, a minimum annual income of $30,240 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Mount Sterling?
The cost of living in the Mount Sterling, KY Metro Area is much lower than the US average. According to recent estimates, the Cost of Living in the area is 74.9, compared to an average of 100 for the United States. This lower cost of living combined with a median house value of $158,300 makes Mount Sterling an attractive option for those looking for more affordable housing options.
   Cost of living score
     CategoriesMount SterlingKentuckyUnited States
  74.982.3100.0
  9494.2100
  101.8102.2100.0
  38.656.9100.0
  $158,300$194,300$338,100
  95.3%92.9%100.0%
  81.789.1100.0
  75.477.5100.0

   100=National Average

   Average Rent by Bedroom Size
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