Hanson, KY Cost of Living


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Hanson cost of living score
71.9
Less expensive
28.1% lower
than the US average
12.6% lower
than the Kentucky average
Hanson, Kentucky gets a BestPlaces Cost of Living score of 71.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.1% lower than the U.S. average and 12.6% higher than the average for Kentucky.

Hanson, KY

Housing costs in Hanson?
A typical home costs $190,200, which is 43.7% less expensive than the national average of $338,100 and 2.1% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Hanson costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 24.3% cheaper than the state average of $920.

Can I afford Hanson?
To live comfortably in Hanson, Kentucky, a minimum annual income of $36,360 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Hanson?
Hanson, KY is an affordable place to live with a cost of living that is slightly lower than the national average. Housing in Hanson, KY is especially affordable, with median home prices being around $100,000. Taxes are also relatively low, with a sales tax rate of only 6%. Other necessities like groceries, utilities and transportation are also very reasonable. Overall, the cost of living in Hanson, KY is well within reach for many people looking for a vibrant city with plenty of amenities while still remaining budget-friendly.
   Cost of living score
     CategoriesHansonKentuckyUnited States
  71.982.3100.0
  96.694.2100
  101.7102.2100.0
  59.856.9100.0
  $190,200$194,300$338,100
  95.1%92.9%100.0%
  77.989.1100.0
  76.677.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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