Housing costs in Central City?
A typical home costs
$106,000, which is 68.6% less expensive than the national average of
$338,100 and 45.4% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Central City costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 16.5% cheaper than the state average of
$920.
Can I afford Central City?
To live comfortably in Central City, Kentucky, a minimum annual income of
$20,160 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Central City?
Central City, KY is known for its affordable cost of living. It is estimated that the total cost of living in Central City is 13% lower than the national average. The median home price in town is around $99,000, and the median rent is around $699 per month. This makes Central City a great place to live for people on a budget. Additionally, groceries and healthcare are relatively inexpensive here as well. With so many affordable options available, it's easy to see why Central City has become such an appealing destination for people from all walks of life.