Zip 40763 (Siler, KY) Cost of Living


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Siler cost of living score
70.8
Less expensive
29.2% lower
than the US average
14.0% lower
than the Kentucky average
Siler (zip 40763), Kentucky gets a BestPlaces Cost of Living score of 70.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.2% lower than the U.S. average and 14.0% higher than the average for Kentucky.

Zip 40763 (Siler, KY)

Housing costs in Siler?
A typical home costs $60,800, which is 82.0% less expensive than the national average of $338,100 and 68.7% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Siler costs $580 per month, which is 59.4% cheaper than the national average of $1,430 and 58.6% cheaper than the state average of $920.

Can I afford Siler?
To live comfortably in Siler (zip 40763), Kentucky, a minimum annual income of $11,520 for a family, and $18,400 for a single person is recommended.

What does A.I. say about Siler?
The cost of living in 40763 Siler, KY is relatively low compared to the national average. Groceries and housing costs are especially affordable, with prices for groceries being around 8% lower than the national average and housing being around 25% lower. The overall cost of living is estimated to be 15% below the US average. This makes it an ideal place for those looking for a more affordable lifestyle or who are on a budget.
   Cost of living score
     CategoriesSilerKentuckyUnited States
  70.882.3100.0
  87.794.2100
  101.7102.2100.0
  15.256.9100.0
  $60,800$194,300$338,100
  93.7%92.9%100.0%
  77.689.1100.0
  68.677.5100.0

   100=National Average

   Average Rent by Bedroom Size
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