Housing costs in Water Valley?
A typical home costs
$111,100, which is 67.1% less expensive than the national average of
$338,100 and 42.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Water Valley costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 41.5% cheaper than the state average of
$920.
Can I afford Water Valley?
To live comfortably in Water Valley, Kentucky, a minimum annual income of
$21,240 for a family, and
$19,600 for a single person is recommended.
What does A.I. say about Water Valley?
Water Valley, KY is a great place to live due to its low cost of living. In Water Valley, housing costs are on average 8% lower than the national average and the overall Kentucky cost of living index is 86.9 meaning that it is 13.1% below the national average. Additionally, utilities are relatively cheaper than other cities in the US with electricity costing an average of $93 per month compared to $119 nationally. The low cost of living combined with plenty of recreational activities makes Water Valley an attractive destination for those looking for a small town environment while still enjoying all the amenities that come with city life.