Housing costs in Bedford?
A typical home costs
$188,800, which is 44.2% less expensive than the national average of
$338,100 and 2.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Bedford costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Bedford?
To live comfortably in Bedford, Kentucky, a minimum annual income of
$36,000 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Bedford?
Bedford, KY is known for its low cost of living. The median home value in Bedford is $127,500, significantly lower than the national average of $184,700. Additionally, the cost of living index in Bedford is 86.2 which is 13.8% lower than the US average. This means that goods and services cost less in Bedford than they do on average across the country. This makes Bedford an attractive place to live for those looking to save money on everyday costs and lower their overall cost of living.