Housing costs in Oak Grove?
A typical home costs
$174,900, which is 48.3% less expensive than the national average of
$338,100 and 10.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Oak Grove costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 3.2% more than the state average of
$920.
Can I afford Oak Grove?
To live comfortably in Oak Grove, Kentucky, a minimum annual income of
$33,480 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Oak Grove?
The cost of living in Oak Grove, KY is quite reasonable. The median home value is around $150,000 which is lower than the national average and very affordable for families. There are plenty of jobs in the area that pay reasonably well and the unemployment rate remains low at only 4%. Groceries are also very affordable with a variety of local stores to choose from, while necessary amenities like healthcare and utilities remain consistent and budget-friendly. Overall, Oak Grove is an ideal place to live for those who want a comfortable lifestyle without breaking the bank.