Housing costs in Richmond-Berea?
A typical home costs
$200,800, which is 40.6% less expensive than the national average of
$338,100 and 3.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Richmond-Berea costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 17.9% cheaper than the state average of
$920.
Can I afford Richmond-Berea?
To live comfortably in Richmond-Berea Kentu Metro Area, Kentucky, a minimum annual income of
$38,520 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Richmond-Berea?
The cost of living in Richmond-Berea, KY Metro Area is lower than the national average. The median house value in the area is $200,800 which is considerably lower than the US average of $338,100. The cost of living index for the area is 82.2 compared to a US average of 100, making it an affordable place to live and work. The low cost of living makes Richmond-Berea, KY Metro Area an attractive option for people looking to move and settle down in a new location.