Housing costs in Milton?
A typical home costs
$175,300, which is 48.2% less expensive than the national average of
$338,100 and 9.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Milton costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$920.
Can I afford Milton?
To live comfortably in Milton, Kentucky, a minimum annual income of
$33,480 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Milton?
Milton, KY is an affordable place to live with a cost of living that is lower than both the state and national averages. The median home value in Milton is around $130,000 which is relatively low compared to the national average which hovers around $200,000. Median incomes are also quite low in Milton with the median household income being around $40,000, making it much more affordable for people looking to purchase a home or rent an apartment. Furthermore, utilities and other monthly costs tend to be very low when compared to other places in the country. With all this considered, Milton is a great place to call home if you're looking for affordability without sacrificing quality of life.