Housing costs in Fayette?
A typical home costs
$266,700, which is 21.1% less expensive than the national average of
$338,100 and 37.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Fayette costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 10.7% more than the state average of
$920.
Can I afford Fayette?
To live comfortably in Fayette Kentu County, Kentucky, a minimum annual income of
$51,120 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Fayette?
The cost of living in Fayette, KY County is quite low compared to the national average. The median house value in Fayette, KY County is $266,700, which is much lower than the US average of $338,100. Similarly, the Cost of Living Index for Fayette County is 90.8 compared to the US average of 100. This indicates that living expenses like housing, food and transportation are relatively lower than other parts of the country. Therefore, if you are looking for an affordable place to live with relatively low costs of living, then Fayette County could be a great option for you.