Salt Lick, KY Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Salt Lick cost of living score
72.9
Less expensive
27.1% lower
than the US average
11.4% lower
than the Kentucky average
Salt Lick, Kentucky gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 11.4% higher than the average for Kentucky.

Salt Lick, KY

Housing costs in Salt Lick?
A typical home costs $129,400, which is 61.7% less expensive than the national average of $338,100 and 33.4% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Salt Lick costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 26.0% cheaper than the state average of $920.

Can I afford Salt Lick?
To live comfortably in Salt Lick, Kentucky, a minimum annual income of $24,840 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Salt Lick?
The cost of living in Salt Lick, KY is quite reasonable. Housing prices are affordable, with a median home cost of just under $100,000. The cost of basic amenities such as groceries and utilities is also relatively low due to the rural nature of the area. Overall, Salt Lick residents benefit from living in an affordable part of the state that still offers plenty of charm and natural beauty.
   Cost of living score
     CategoriesSalt LickKentuckyUnited States
  72.982.3100.0
  94.194.2100
  102.2102.2100.0
  36.656.9100.0
  $129,400$194,300$338,100
  94.0%92.9%100.0%
  93.389.1100.0
  69.277.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Salt Lick, KY cost of living
Compare food, housing, utilities, and more in Salt Lick, Kentucky to any other city in the US.