Housing costs in Farley?
A typical home costs
$83,000, which is 75.5% less expensive than the national average of
$338,100 and 57.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Farley costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$920.
Can I afford Farley?
To live comfortably in Farley, Kentucky, a minimum annual income of
$15,840 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Farley?
The cost of living in Farley, KY is relatively low compared to nearby cities. Housing costs are particularly affordable, with a median home value of $103,231. Residents also benefit from having access to amenities such as grocery stores and restaurants without needing to travel outside of the city limits. The area also has relatively low taxes, including sales tax at 6%, income tax at 6%, and property tax which is below the national average. Overall, Farley offers residents a comfortable lifestyle at a much lower cost than many other areas in Kentucky.