Verona, KY Cost of Living


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Verona cost of living score
96.2
Less expensive
3.8% lower
than the US average
16.9% higher
than the Kentucky average
Verona, Kentucky gets a BestPlaces Cost of Living score of 96.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.8% lower than the U.S. average and 16.9% lower than the average for Kentucky.

Verona, KY

Housing costs in Verona?
A typical home costs $258,600, which is 23.5% less expensive than the national average of $338,100 and 33.1% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Verona costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 12.4% more than the state average of $920.

Can I afford Verona?
To live comfortably in Verona, Kentucky, a minimum annual income of $49,680 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Verona?
The cost of living in Verona, KY is relatively low compared to the rest of the United States. The median home value is $107,700 and the median rent is just under $700 per month. Taxes are also relatively low: there is no state income tax and sales taxes hover around 6%. Groceries tend to be slightly more expensive than the national average, but utilities such as electricity and water are cheaper. In addition, Verona offers a variety of local amenities such as restaurants, shops, and parks that help to make this small town a great place to live without breaking the bank.
   Cost of living score
     CategoriesVeronaKentuckyUnited States
  96.282.3100.0
  98.994.2100
  109.7102.2100.0
  84.556.9100.0
  $258,600$194,300$338,100
  93.5%92.9%100.0%
  106.389.1100.0
  92.177.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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