Housing costs in Wellington?
A typical home costs
$293,300, which is 13.3% less expensive than the national average of
$338,100 and 51.0% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Wellington costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 20.0% more than the state average of
$920.
Can I afford Wellington?
To live comfortably in Wellington, Kentucky, a minimum annual income of
$56,160 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Wellington?
Wellington, KY has a low cost of living compared to other cities and towns in the United States. The city’s housing costs are among the lowest in the nation, with average home prices ranging from $170,000 to $200,000. Additionally, the median household income in Wellington is well below national averages at just over $25,000 per year. Other costs such as transportation and food are also relatively low compared to other parts of the country. With all these factors combined, many people find that they can live comfortably on a modest budget when living in Wellington.