Housing costs in Montgomery?
A typical home costs
$180,300, which is 46.7% less expensive than the national average of
$338,100 and 7.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Montgomery costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 22.7% cheaper than the state average of
$920.
Can I afford Montgomery?
To live comfortably in Montgomery Kentu County, Kentucky, a minimum annual income of
$34,560 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in Montgomery, KY County is far below the national average. The US average Cost of Living is 100, while the Montgomery County Cost of Living is just 76. This lower cost of living is likely due to the significantly lower house median value which stands at $180,300 compared to the US average House Value of $338,100. Homeowners and renters alike can benefit from this lower cost of living when renting or purchasing a home in this area.