Housing costs in Cumberland?
A typical home costs
$73,600, which is 78.2% less expensive than the national average of
$338,100 and 62.1% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Cumberland costs
$610 per month, which is 57.3% cheaper than the national average of
$1,430 and 50.8% cheaper than the state average of
$920.
Can I afford Cumberland?
To live comfortably in Cumberland (zip 40823), Kentucky, a minimum annual income of
$14,040 for a family, and
$19,200 for a single person is recommended.
What does A.I. say about Cumberland?
The cost of living in 40823 Cumberland, KY is quite affordable. The median home price in the area is around $95,000, making it an ideal place for first-time buyers and those on a budget. Additionally, the cost of food and other items like clothing is significantly lower than national averages. Overall, this small town offers a great quality of life at an excellent price point.