Housing costs in Petersburg?
A typical home costs
$228,400, which is 32.4% less expensive than the national average of
$338,100 and 17.6% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Petersburg costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 19.3% more than the state average of
$920.
Can I afford Petersburg?
To live comfortably in Petersburg, Kentucky, a minimum annual income of
$43,920 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Petersburg?
The cost of living in Petersburg, KY is relatively low compared to other cities. According to a recent survey, the cost of living index in Petersburg is 85.3, which is 11 points lower than the US average of 96.4. This means that day-to-day expenses such as groceries, utilities and transportation are all more affordable in this city than in other places throughout the country. In addition, housing costs are also quite reasonable in Petersburg, making it even more attractive for those seeking an affordable lifestyle.