Housing costs in Wayland?
A typical home costs
$63,700, which is 81.2% less expensive than the national average of
$338,100 and 67.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Wayland costs
$590 per month, which is 58.7% cheaper than the national average of
$1,430 and 55.9% cheaper than the state average of
$920.
Can I afford Wayland?
To live comfortably in Wayland, Kentucky, a minimum annual income of
$12,240 for a family, and
$18,000 for a single person is recommended.
What does A.I. say about Wayland?
The cost of living in Wayland, KY is quite low compared to the national average. The median home value in Wayland is only $84,400 which is 38% lower than the US median. In addition, the cost of groceries and other necessities are significantly lower than most other cities in Kentucky. In terms of utility costs, residents can expect to pay less for electricity and natural gas than other states in the region. Additionally, taxes are relatively low as well with no state income tax making it an attractive location for people looking for a more affordable place to live.