Housing costs in Flatwoods?
A typical home costs
$111,300, which is 67.1% less expensive than the national average of
$338,100 and 42.7% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Flatwoods costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Flatwoods?
To live comfortably in Flatwoods, Kentucky, a minimum annual income of
$21,240 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Flatwoods?
Flatwoods, KY is known for its low cost of living. The overall cost of living index is 8% below the national average, meaning that goods and services are relatively inexpensive. The median home value in Flatwoods is quite affordable compared to other parts of the state, sitting at $110,500. Transportation costs are also lower than the national average with the cost of gasoline being 14% lower than the US average and an average commute time to work of 20 minutes. For those looking for an affordable place to live with easy access to nearby cities, Flatwoods is a great option.