Housing costs in Owensboro?
A typical home costs
$185,000, which is 45.3% less expensive than the national average of
$338,100 and 4.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Owensboro costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Owensboro?
To live comfortably in Owensboro Kentu Metro Area, Kentucky, a minimum annual income of
$35,280 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Owensboro?
The cost of living in Owensboro, KY Metro Area is 80.4, which is significantly lower than the US average Cost of Living of 100. This means that the cost of goods and services are significantly lower in this region compared to those found elsewhere, making Owensboro a very affordable place to live. Furthermore, with an average house value of $185000 in the area, Owensboro is also much more affordable than the US average house value at $338,100. In summary, Owensboro offers an attractive combination of low cost of living and housing prices for its residents.