Mount Sterling, KY Cost of Living


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Mount Sterling cost of living score
76
Less expensive
24.0% lower
than the US average
7.7% lower
than the Kentucky average
Mount Sterling, Kentucky gets a BestPlaces Cost of Living score of 76, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.0% lower than the U.S. average and 7.7% higher than the average for Kentucky.

Mount Sterling, KY

Housing costs in Mount Sterling?
A typical home costs $179,100, which is 47.0% less expensive than the national average of $338,100 and 7.8% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Mount Sterling costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 10.8% cheaper than the state average of $920.

Can I afford Mount Sterling?
To live comfortably in Mount Sterling, Kentucky, a minimum annual income of $34,200 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Mount Sterling?
The cost of living in Mount Sterling, KY is quite reasonable. The median home price is approximately $129,000, with an average monthly rent of around $660. Utility bills and grocery costs are also relatively low compared to other areas in the US. Overall, the cost of living in Mount Sterling is very competitive with other towns and cities across Kentucky and the rest of the country.
   Cost of living score
     CategoriesMount SterlingKentuckyUnited States
  76.082.3100.0
  96.294.2100
  101.6102.2100.0
  43.156.9100.0
  $179,100$194,300$338,100
  94.0%92.9%100.0%
  69.289.1100.0
  80.177.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Mount Sterling
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Over 9 years ago

This place is a good place to raise your children but not a good place to set up their future,(the best cost affordable education is about 15 to 40 miles away)expect the  More

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Over 16 years ago

Mt. Sterling is still growing with real estate sales continuing. The market is a buyers market and alot of inventory is available. Mt. Sterling is a great community to  More

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