Housing costs in Kentucky?
A typical home costs
$194,300, which is 42.5% less expensive than the national average of
$338,100 and 0.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Kentucky costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Kentucky?
To live comfortably in Kentucky, a minimum annual income of
$37,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Kentucky?
The cost of living in Kentucky State is generally considered to be quite affordable. The median home price in the state is $141,300, which is significantly lower than the national average of $220,000. Additionally, the average monthly rent for a two-bedroom apartment hovers around $800, while groceries and utilities are also much less expensive than other states. As a result, many individuals find that living in Kentucky State can provide them with a comfortable lifestyle without breaking their budget.