Housing costs in Edgewood?
A typical home costs
$320,000, which is 5.4% less expensive than the national average of
$338,100 and 64.7% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Edgewood costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 14.0% more than the state average of
$920.
Can I afford Edgewood?
To live comfortably in Edgewood, Kentucky, a minimum annual income of
$61,200 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Edgewood?
The cost of living in Edgewood, KY is relatively low compared to the national average. Housing costs are quite reasonable and groceries can be purchased at a variety of local stores. The city also offers a wide range of leisure activities such as bowling and movie theaters, which are all reasonably priced. This means that most people can enjoy the amenities offered in Edgewood without breaking the bank. Additionally, the tax rate is relatively low when compared to other places in Kentucky, resulting in more disposable income for residents of Edgewood.