Housing costs in Booneville?
A typical home costs
$81,700, which is 75.8% less expensive than the national average of
$338,100 and 58.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Booneville costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 37.3% cheaper than the state average of
$920.
Can I afford Booneville?
To live comfortably in Booneville (zip 41314), Kentucky, a minimum annual income of
$15,480 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Booneville?
The cost of living in 41314 Booneville, KY is fairly low compared to the national average. According to an independent study, the cost of living index for Booneville is just under 69—nearly 30 points lower than the U.S. average of 98. This makes living in Booneville much more affordable than other parts of the country, allowing its residents to enjoy a higher quality of life at a fraction of the cost. Housing costs are particularly reasonable, with median home prices being well below the national average and rents staying within reach for many individuals and families. Other basic costs such as food and utilities also remain manageable when compared with other cities across the United States, creating an overall affordable environment that attracts people from all around the country.