Ballard County, KY Cost of Living


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United States / Kentucky / / Ballard County / Cities / Zip Codes
How much do I need to live in Ballard, Kentucky?
$1,680 / month
for a family, 68.9% less expensive than the national average A total of $20,160 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Ballard cost of living score
74.2
Less expensive
25.8% lower
than the US average
9.8% lower
than the Kentucky average
Ballard Kentu County, Kentucky gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 9.8% higher than the average for Kentucky.

Ballard County, KY

Housing costs in Ballard?
A typical home costs $105,900, which is 68.7% less expensive than the national average of $338,100 and 45.5% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Ballard costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 21.1% cheaper than the state average of $920.

Can I afford Ballard?
To live comfortably in Ballard Kentu County, Kentucky, a minimum annual income of $20,160 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Ballard?
Living in Ballard, KY County is significantly more affordable compared to the United States as a whole. The median house value in Ballard, KY County is $105,900 while the US average house value is $338,100. Similarly, the cost of living in Ballard, KY County is 74.2 while the US average cost of living is 100. This means that living expenses are almost 25% lower than average when compared to the rest of America - making it an attractive area for households on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBallardKentuckyUnited States
    Unlock82.3100.0
  92.7  Unlock100.0
    Unlock102.2100.0
  30.4  Unlock100.0
    Unlock$194,300$338,100
  93.7  Unlock100.0
    Unlock89.1100.0
  75.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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