Housing costs in Irvine?
A typical home costs
$92,300, which is 72.7% less expensive than the national average of
$338,100 and 52.5% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Irvine 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 Irvine?
To live comfortably in Irvine, Kentucky, a minimum annual income of
$17,640 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Irvine?
The cost of living in Irvine, KY is quite reasonable. According to the US Census Bureau, the median household income in Irvine is $31,533. The median home value is $76,500 and the cost of living index is 89.3 (the U.S. average being 100). This means that groceries and housing costs are lower than average, making Irvine an attractive option for those looking for a more affordable place to live. Utilities such as electricity and water also tend to be inexpensive due to the nearby lakes and rivers. The cost of services provided by local businesses such as restaurants and stores is also very reasonable. All in all, Irvine is a great place to live if you're looking for a low-cost lifestyle with plenty of activities nearby.