Housing costs in Owenton?
A typical home costs
$132,000, which is 61.0% less expensive than the national average of
$338,100 and 32.1% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Owenton costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 22.7% cheaper than the state average of
$920.
Can I afford Owenton?
To live comfortably in Owenton, Kentucky, a minimum annual income of
$25,200 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Owenton?
Owenton, KY offers a very reasonable cost of living. The overall cost of living index is at 89.6, which is 11.4% lower than the national average. Housing costs are particularly attractive, as the median home value is around $90,000 and rent for a two-bedroom apartment averages around $630 per month. Additionally, groceries costs are low due to the abundance of local farms that provide fresh produce year-round. Utility costs in Owenton also fall below the national average, making this town an affordable place to live for individuals and families looking for an affordable and peaceful lifestyle.