Housing costs in Bandana?
A typical home costs
$116,300, which is 65.6% less expensive than the national average of
$338,100 and 40.1% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Bandana costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 9.5% cheaper than the state average of
$920.
Can I afford Bandana?
To live comfortably in Bandana, Kentucky, a minimum annual income of
$22,320 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Bandana?
The cost of living in Bandana, KY is fairly low compared to other places in the state. The median housing cost is around $92,000, which is much lower than the statewide average of about $135,000. Additionally, the median income for residents is just over $31,000 per year and the overall cost of living index comes in at 83.3 (100 being the US average). This makes living in Bandana an affordable option for many families and individuals looking to stretch their hard-earned dollars. Groceries, transportation costs, health care, and other necessities are reasonably priced as well. In sum, Bandana offers a low cost of living coupled with a vibrant community that caters to its residents' needs.