Housing costs in Corbin?
A typical home costs
$154,000, which is 54.5% less expensive than the national average of
$338,100 and 20.7% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Corbin costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 27.8% cheaper than the state average of
$920.
Can I afford Corbin?
To live comfortably in Corbin, Kentucky, a minimum annual income of
$29,520 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Corbin?
The cost of living in Corbin, KY is generally very affordable. The median home value is around $85,476 while the median household income is around $35,229; both lower than the national average. This makes it a great place to live for those looking for an affordable cost of living without sacrificing quality of life. Groceries and healthcare are also reasonably priced in Corbin, as well as other daily necessities like dining out and transportation. The overall index rating for cost of living in Corbin is 88, meaning it's 12 percent lower than the U.S. average.