Housing costs in Burlington?
A typical home costs
$272,100, which is 19.5% less expensive than the national average of
$338,100 and 40.0% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Burlington costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 28.7% more than the state average of
$920.
Can I afford Burlington?
To live comfortably in Burlington, Kentucky, a minimum annual income of
$52,200 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Burlington?
Burlington, KY is known as a relatively affordable place to live compared to many other cities in the United States. The cost of living in Burlington averages about 8% lower than the national average. Housing prices are lower, with median home prices coming in at $179,000 and rental costs for an average two-bedroom apartment averaging around $850 per month. Grocery prices are also lower than the national average, making it easier for residents to purchase items necessary for everyday life. Other necessities such as healthcare and transportation are also quite affordable in Burlington, making it a great choice for those looking to save money on their living expenses.