Housing costs in Allen?
A typical home costs
$101,100, which is 70.1% less expensive than the national average of
$338,100 and 48.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Allen 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 Allen?
To live comfortably in Allen (zip 41601), Kentucky, a minimum annual income of
$19,440 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Allen?
The cost of living in Allen, KY (zip code 41601) is relatively low compared to the national average. According to BestPlaces, the cost of living in Allen is 13.7% lower than the national average, which means that housing, food, and other everyday expenses are much less expensive in this area. Additionally, the median household income here is over $40k per year; this allows for more disposable income after necessary expenses have been taken care of. The combination of a low cost of living and higher median income makes Allen an attractive place for anyone looking to make an affordable lifestyle change.