Housing costs in Drakesboro?
A typical home costs
$86,600, which is 74.4% less expensive than the national average of
$338,100 and 55.4% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Drakesboro costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 39.4% cheaper than the state average of
$920.
Can I afford Drakesboro?
To live comfortably in Drakesboro, Kentucky, a minimum annual income of
$16,560 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Drakesboro?
The cost of living in Drakesboro, KY is relatively low compared to other towns in the state. It is estimated that the average cost of housing is around $700 per month, making it one of the most affordable areas in Kentucky. The median household income sits at about $40,000, which helps to keep costs lower for residents. Groceries and other essentials are also reasonably priced, with many local stores offering competitive prices. Overall, Drakesboro is a great place to live if you're looking for an affordable lifestyle.