Housing costs in Versailles?
A typical home costs
$270,000, which is 20.1% less expensive than the national average of
$338,100 and 39.0% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Versailles costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 3.4% cheaper than the state average of
$920.
Can I afford Versailles?
To live comfortably in Versailles, Kentucky, a minimum annual income of
$51,840 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Versailles?
The cost of living in Versailles, KY is relatively low compared to other cities in the United States. The median home value in Versailles is $203,050, according to the US Census Bureau, which is significantly lower than other parts of Kentucky and the country as a whole. The median household income in Versailles is also much lower at $38,643 compared to the national average of $57,652. The overall cost of living index for Versailles is 89.7, which is 11.3% lower than the national average. This means that items such as groceries and housing are less expensive in Versailles than many other places in Kentucky and across the United States.