Housing costs in Ferguson?
A typical home costs
$115,600, which is 65.8% less expensive than the national average of
$338,100 and 40.5% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Ferguson costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 17.9% cheaper than the state average of
$920.
Can I afford Ferguson?
To live comfortably in Ferguson, Kentucky, a minimum annual income of
$22,320 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Ferguson?
The cost of living in Ferguson, KY is relatively low compared to other areas. The median house price is around $84,000, which is much lower than the national average of $200,000. Additionally, the cost of basic necessities such as groceries and utilities are also lower than most places in the US. In terms of rental costs, a one-bedroom apartment can be rented for an average of $500 per month. Overall, living in Ferguson offers good value for money with low housing and living expenses.