Housing costs in Danville?
A typical home costs
$208,100, which is 38.5% less expensive than the national average of
$338,100 and 7.1% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Danville costs
$770 per month, which is 16.3% cheaper than the national average of
$920 and close to the state average of
$780.
Can I afford Danville?
To live comfortably in Danville (zip 40422), Kentucky, a minimum annual income of
$39,960 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Danville?
The cost of living in 40422 Danville, KY is very affordable. According to Sperling's Best Places, the cost of living index for this area is 77.7, which is lower than both the US average (which is 100) and the Kentucky state average (which is 86). This makes Danville an excellent place to settle down and begin a new life. The housing market in Danville tends to be highly affordable as well, with median home values at around $148,500 USD, which is substantially lower than the US national median home value of $231,200 USD. With its low cost of living and affordable housing market, Danville could be an ideal location for those looking for a low-cost lifestyle.