Housing costs in Booneville?
A typical home costs
$98,700, which is 70.8% less expensive than the national average of
$338,100 and 49.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Booneville costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 39.4% cheaper than the state average of
$920.
Can I afford Booneville?
To live comfortably in Booneville, Kentucky, a minimum annual income of
$19,080 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Booneville?
The cost of living in Booneville, KY is relatively low. According to the most recent data, the cost of living in the town is 14% lower than the national average. Housing costs are especially low, with an average two-bedroom apartment renting for around $500 per month. Groceries and other goods are also reasonably priced in Booneville so residents can enjoy a comfortable lifestyle without stretching their budget too thin. In fact, local residents often find they have more disposable income than they expected when moving to this rural area of Kentucky.