Riverwood, KY Cost of Living


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Riverwood cost of living score
89.8
Less expensive
10.2% lower
than the US average
9.1% higher
than the Kentucky average
Riverwood, Kentucky gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 9.1% lower than the average for Kentucky.

Riverwood, KY

Housing costs in Riverwood?
A typical home costs $694,100, which is 105.3% more expensive than the national average of $338,100 and 257.2% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Riverwood costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 28.7% more than the state average of $920.

Can I afford Riverwood?
To live comfortably in Riverwood, Kentucky, a minimum annual income of $132,840 for a family, and $42,800 for a single person is recommended.

What does A.I. say about Riverwood?
Living in Riverwood, KY is quite affordable. Housing costs are low when compared to other areas of the country, with median home prices around $150,000 and average rent coming in at about $750 a month. The cost of food and transportation are also quite reasonable, with groceries costing about 10 percent below the national average and public transport fares hovering around $2 per ride. Furthermore, utility costs are relatively low when compared to the rest of the country, making Riverwood one of the most cost-effective cities to live in.
   Cost of living score
     CategoriesRiverwoodKentuckyUnited States
  89.882.3100.0
  102.394.2100
  94.8102.2100.0
  214.756.9100.0
  $694,100$194,300$338,100
  92.5%92.9%100.0%
  103.389.1100.0
  90.077.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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