Housing costs in Munfordville?
A typical home costs
$159,900, which is 52.7% less expensive than the national average of
$338,100 and 17.7% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Munfordville costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 24.3% cheaper than the state average of
$920.
Can I afford Munfordville?
To live comfortably in Munfordville, Kentucky, a minimum annual income of
$30,600 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Munfordville?
The cost of living in Munfordville, KY is very affordable compared to other cities. According to BestPlaces, the city has an overall cost of living index of 81, which is 19% lower than the U.S. national average. Housing costs are particularly low in Munfordville, with an average home costing about $101,000 - 50% lower than the national average. Groceries and utilities also tend to be lower than the U.S. average making Munfordville a great place for families looking for a budget-friendly life.