Housing costs in Frankfort?
A typical home costs
$204,600, which is 39.5% less expensive than the national average of
$338,100 and 5.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Frankfort costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$920.
Can I afford Frankfort?
To live comfortably in Frankfort Kentu Metro Area, Kentucky, a minimum annual income of
$39,240 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Frankfort?
The cost of living in the Frankfort, KY Metro Area is significantly lower than the national average. According to the data provided, the cost of living in this area is 80.6 while the US average is 100. This could be a great benefit for people looking to relocate as it may mean cheaper costs for housing and other day-to-day expenses. The median house value in this area is $204,600 which is much lower than the US average of $338,100. This could be an attractive option for anyone looking to purchase a home or rent in this area.