Housing costs in Forest Hills?
A typical home costs
$234,400, which is 30.7% less expensive than the national average of
$338,100 and 20.6% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Forest Hills costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 27.0% more than the state average of
$920.
Can I afford Forest Hills?
To live comfortably in Forest Hills, Kentucky, a minimum annual income of
$45,000 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Forest Hills?
The cost of living in Forest Hills, KY is quite affordable. The overall cost of living index is 83.1, which is lower than the U.S. average of 100. This city offers a variety of housing options ranging from apartments to single family homes, and the median home value is $89,800 - well below the national median home value of $184,700. The average rent for a two bedroom apartment in Forest Hills is just $832 per month - significantly lower than the national average. In addition to this affordable housing option, utilities are also much more affordable than other areas in the United States due to its low population and rural location. All in all, Forest Hills is an ideal place for those looking for an affordable place to live!