Housing costs in Bedford?
A typical home costs
$187,500, which is 44.5% less expensive than the national average of
$338,100 and 3.5% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Bedford costs
$960 per month, which is 4.3% more than the national average of
$920 and 8.3% cheaper than the state average of
$1,040.
Can I afford Bedford?
To live comfortably in Bedford (zip 40006), Kentucky, a minimum annual income of
$36,000 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Bedford?
Living in 40006 Bedford, KY is relatively affordable. The estimated median household income for the city is slightly above the national average, while housing prices remain below the median for similarly sized cities. Renters can expect to pay around $800-$900 per month for a one-bedroom apartment or around $1100-$1200 a month for a two-bedroom space. Additionally, utilities tend to run between $100 -$200 per month depending on usage. Food costs within the area are moderate and groceries typically cost around 10% less than the national average. Overall, living in 40006 Bedford, KY provides residents with an affordable yet comfortable quality of life.