Lowes, KY Cost of Living


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Lowes cost of living score
73.7
Less expensive
26.3% lower
than the US average
10.4% lower
than the Kentucky average
Lowes, Kentucky gets a BestPlaces Cost of Living score of 73.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.3% lower than the U.S. average and 10.4% higher than the average for Kentucky.

Lowes, KY

Housing costs in Lowes?
A typical home costs $75,200, which is 77.8% less expensive than the national average of $338,100 and 61.3% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Lowes costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 22.7% cheaper than the state average of $920.

Can I afford Lowes?
To live comfortably in Lowes, Kentucky, a minimum annual income of $14,400 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Lowes?
Lowes, KY has a relatively low cost of living compared to other parts of the United States. The median home price in Lowes is around $140,000, which is much lower than the national average. Furthermore, basic utilities such as electricity and water are also very affordable in this area due to their low prices. Additionally, groceries and other necessary items are also reasonably priced and residents can get by comfortably on a modest budget. Overall, Lowes is an excellent place for those looking for an affordable place to live without sacrificing too much in terms of quality of life.
   Cost of living score
     CategoriesLowesKentuckyUnited States
  73.782.3100.0
  90.694.2100
  120.3102.2100.0
  39.056.9100.0
  $75,200$194,300$338,100
  93.8%92.9%100.0%
  76.389.1100.0
  79.377.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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