Meadowbrook Farm, KY Cost of Living


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Meadowbrook Farm cost of living score
89.8
Less expensive
10.2% lower
than the US average
9.1% higher
than the Kentucky average
Meadowbrook Farm, Kentucky gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 9.1% lower than the average for Kentucky.

Meadowbrook Farm, KY

Housing costs in Meadowbrook Farm?
A typical home costs $214,900, which is 36.4% less expensive than the national average of $338,100 and 10.6% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Meadowbrook Farm costs $1,390 per month, which is 2.8% cheaper than the national average of $1,430 and 33.8% more than the state average of $920.

Can I afford Meadowbrook Farm?
To live comfortably in Meadowbrook Farm, Kentucky, a minimum annual income of $41,040 for a family, and $46,400 for a single person is recommended.

What does A.I. say about Meadowbrook Farm?
Meadowbrook Farm, KY is an affordable place to live with a reasonable cost of living. The median household income in Meadowbrook Farm is $51,074, which is lower than the national average of $60,293. The cost of housing in Meadowbrook Farm is also quite low when compared to other rural areas; the median home value is estimated at just under $90,000 and the median monthly rent for a one-bedroom apartment is around $600. Additionally, there are no state or local taxes on income or purchases, making it even more affordable to live in Meadowbrook Farm. With its close proximity to larger cities like Louisville and Lexington, Meadowbrook Farm provides a great balance between rural living and urban convenience while still being quite economical.
   Cost of living score
     CategoriesMeadowbrook FarmKentuckyUnited States
  89.882.3100.0
  101.294.2100
  94.8102.2100.0
  72.056.9100.0
  $214,900$194,300$338,100
  92.5%92.9%100.0%
  103.389.1100.0
  89.977.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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