Housing costs in Cannon?
A typical home costs
$127,900, which is 62.2% less expensive than the national average of
$338,100 and 34.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Cannon costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 26.0% cheaper than the state average of
$920.
Can I afford Cannon?
To live comfortably in Cannon (zip 40923), Kentucky, a minimum annual income of
$24,480 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Cannon?
The cost of living in 40923 Cannon, KY is generally quite affordable. The median home value in the area is just over $93,000, which is well below the national average. Rent prices are also relatively low compared to other areas of the country. Groceries and utilities are also quite reasonable with the average food costs being slightly lower than the US average. Overall, 40923 Cannon, KY provides a great quality of life with its affordable prices and low cost of living.