Housing costs in Tompkinsville?
A typical home costs
$120,600, which is 64.3% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Tompkinsville 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 Tompkinsville?
To live comfortably in Tompkinsville, Kentucky, a minimum annual income of
$23,040 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Tompkinsville?
The cost of living in Tompkinsville, KY is reasonably low compared to the national average. The median home cost in the city is around $70,000, and rental rates for apartments and homes are quite affordable. The overall cost of living index is a bit lower than most cities in Kentucky, providing residents with more purchasing power. Utility and housing costs tend to be lower than the state median, making it a great spot for those looking to save money on their monthly expenses. Groceries are also highly affordable when compared to other cities in the region. In sum, Tompkinsville provides an excellent balance of both affordability and quality of life for its residents.