Zip 40312 (Clay City, KY) Cost of Living


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United States / Kentucky / No Metro Area / Powell County / Clay City / Clay City (zip 40312)
How much do I need to live in Clay City, Kentucky?
$1,620 / month
for a family, 70.0% less expensive than the national average A total of $19,440 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Clay City cost of living score
73.6
Less expensive
26.4% lower
than the US average
10.6% lower
than the Kentucky average
Clay City (zip 40312), Kentucky gets a BestPlaces Cost of Living score of 73.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.4% lower than the U.S. average and 10.6% higher than the average for Kentucky.

Zip 40312 (Clay City, KY)

Housing costs in Clay City?
A typical home costs $101,500, which is 70.0% less expensive than the national average of $338,100 and 47.8% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Clay City costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 3.4% cheaper than the state average of $920.

Can I afford Clay City?
To live comfortably in Clay City (zip 40312), Kentucky, a minimum annual income of $19,440 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Clay City?
The cost of living in 40312 Clay City, KY is relatively low compared to other areas in the United States. The median home value is $106,400, which is lower than the national median of $231,200. Additionally, the median monthly housing costs for homeowners are only $692 while renters pay an average of $637 per month. The overall cost of living index for this zip code is 92.2 which indicates that it is 8.8% less expensive than the national average. Groceries, utilities, transportation and healthcare are all notably cheaper than most other areas of the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesClay CityKentuckyUnited States
    Unlock82.3100.0
  92.7  Unlock100.0
    Unlock102.2100.0
  27.1  Unlock100.0
    Unlock$194,300$338,100
  97.0  Unlock100.0
    Unlock89.1100.0
  68.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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