Housing costs in Midway?
A typical home costs
$259,300, which is 23.3% less expensive than the national average of
$338,100 and 33.5% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Midway costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 8.0% more than the state average of
$920.
Can I afford Midway?
To live comfortably in Midway, Kentucky, a minimum annual income of
$49,680 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Midway?
The cost of living in Midway, KY is quite reasonable, with median home prices at around $139,000 and an overall cost of living index of 86.5. This makes Midway an ideal place for those looking to find a budget-friendly place to live. The low housing costs help to offset the higher than average food costs. Utilities are also manageable and transportation costs are low due to the area's relatively small size. All in all, Midway offers a great balance of affordability and quality amenities for its residents.