Housing costs in Auburn?
A typical home costs
$186,000, which is 45.0% less expensive than the national average of
$338,100 and 4.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Auburn costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$920.
Can I afford Auburn?
To live comfortably in Auburn, Kentucky, a minimum annual income of
$35,640 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Auburn?
Auburn, KY is considered one of the most cost-effective places to live in the United States. The average cost of living index rate for Auburn is 91.2, which is significantly lower than the national average of 100. This means that overall, goods and services are 9% cheaper in Auburn compared to other areas in the country. In addition, housing prices are very reasonable—the median home price in Auburn is $123,000, which is much lower than the national median of $231,200. Finally, rent prices are also very affordable—the median rent price for a one-bedroom apartment is only $635 per month. With such low costs of living, it's easy to understand why so many people choose to call Auburn their home.