Housing costs in Dry Ridge?
A typical home costs
$210,600, which is 37.7% less expensive than the national average of
$338,100 and 8.4% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Dry Ridge costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 3.2% more than the state average of
$920.
Can I afford Dry Ridge?
To live comfortably in Dry Ridge, Kentucky, a minimum annual income of
$40,320 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Dry Ridge?
Dry Ridge, KY has a relatively low cost of living compared to the national average. The median home value is $152,000 and the median gross rent is $821 per month. Additionally, the average household income in Dry Ridge is $45,937 and the median household income is $51,602. These figures show that there is considerable affordability for residents of this community. Prices for everyday goods and services such as groceries, healthcare, transportation, and utilities are all generally lower than other communities within Kentucky and across the United States. This makes it an attractive place to live for those who are looking to save money while still enjoying all of the benefits of living in a safe and friendly community.