Housing costs in Germantown?
A typical home costs
$101,600, which is 69.9% less expensive than the national average of
$338,100 and 47.7% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Germantown costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Germantown?
To live comfortably in Germantown, Kentucky, a minimum annual income of
$19,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Germantown?
Germantown, KY is an affordable place to live. According to BestPlaces, the cost of living in Germantown is slightly below the national average, making it an attractive destination for those looking to save money. The average monthly rent for a one-bedroom apartment in Germantown is around $500, significantly lower than the national average of $1,000. Utilities such as electricity and water are also well-priced compared to other areas. Furthermore, groceries and dining out are reasonably priced in Germantown. With all these factors taken into consideration, it's no wonder that Germantown is a great place to settle down – without breaking the bank!