Park Hills, KY Cost of Living


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Park Hills cost of living score
89.3
Less expensive
10.7% lower
than the US average
8.5% higher
than the Kentucky average
Park Hills, Kentucky gets a BestPlaces Cost of Living score of 89.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.7% lower than the U.S. average and 8.5% lower than the average for Kentucky.

Park Hills, KY

Housing costs in Park Hills?
A typical home costs $290,800, which is 14.0% less expensive than the national average of $338,100 and 49.7% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Park Hills costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 14.8% more than the state average of $920.

Can I afford Park Hills?
To live comfortably in Park Hills, Kentucky, a minimum annual income of $55,800 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Park Hills?
Park Hills, KY is known for its relatively low cost of living. According to BestPlaces, the cost of living in Park Hills is 15% below the national average, making it an attractive option for those looking to stretch their budget. The median home value in Park Hills is $127,721, while the median household income sits at $57,558. Other affordable amenities include groceries, which are 4% below the national average and utilities at 8% below average. The overall cost of living in Park Hills is quite reasonable and can be a great choice for those wanting to save money while still enjoying access to all the modern amenities that come with living in a city.
   Cost of living score
     CategoriesPark HillsKentuckyUnited States
  89.382.3100.0
  98.294.2100
  108.3102.2100.0
  91.356.9100.0
  $290,800$194,300$338,100
  92.3%92.9%100.0%
  92.189.1100.0
  87.177.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Park Hills, KY cost of living
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