Housing costs in Anchorage?
A typical home costs
$764,100, which is 126.0% more expensive than the national average of
$338,100 and 293.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Anchorage costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 33.8% more than the state average of
$920.
Can I afford Anchorage?
To live comfortably in Anchorage, Kentucky, a minimum annual income of
$146,520 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in Anchorage, KY is slightly higher than the national average but still remains affordable. The median home value in Anchorage is $201,700 which is over $50,000 higher than the Kentucky average. Furthermore, the median household income in Anchorage is $119,861 which is well above the national average. All goods and services tend to be a bit pricier than other parts of Kentucky due to its urban area location. However, the high-income level of Anchorage provides residents with more disposable income for everyday expenses.