Housing costs in Cambridge?
A typical home costs
$233,700, which is 30.9% less expensive than the national average of
$338,100 and 20.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Cambridge costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 16.4% more than the state average of
$920.
Can I afford Cambridge?
To live comfortably in Cambridge, Kentucky, a minimum annual income of
$44,640 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in Cambridge, KY is quite reasonable compared to many other cities. The median home value is just over $127,000, which is much lower than the national average of $218,700. There are also many affordable rental options available in the area. The overall cost of living here is 11.8% lower than the U.S. average, making it an attractive option for those looking to move to a more affordable city without sacrificing necessary amenities. Utilities are also relatively inexpensive in Cambridge, making it an ideal place for those on a budget.