Housing costs in Stanford?
A typical home costs
$172,800, which is 48.9% less expensive than the national average of
$338,100 and 11.1% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Stanford costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 13.6% cheaper than the state average of
$920.
Can I afford Stanford?
To live comfortably in Stanford, Kentucky, a minimum annual income of
$33,120 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Stanford?
The cost of living in Stanford, KY is quite reasonable compared to other nearby towns and cities. Residents benefit from low housing costs, with median home costs being around $127,000—well below the national median of $209,400. Transportation options are also affordable and accessible, with most residents driving their own vehicles. Food and groceries are very affordable, as well as utilities which tend to be much lower than other areas in the country. The overall cost of living index in Stanford is 13.7% below the national average. With a combination of low housing costs and an affordable overall cost of living, Stanford is a great place to live for individuals who want a safe and comfortable town without having to break the bank.