Housing costs in Edgewood?
A typical home costs
$285,100, which is 15.7% less expensive than the national average of
$338,100 and 46.7% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Edgewood costs
$1,020 per month, which is 10.9% more than the national average of
$920 and 6.9% cheaper than the state average of
$1,090.
Can I afford Edgewood?
To live comfortably in Edgewood (zip 41017), Kentucky, a minimum annual income of
$54,720 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Edgewood?
41017 Edgewood, KY is known for its relatively low cost of living. According to recent estimates, the overall cost of living in the area falls 4% below the national average. Housing costs make up much of this difference, with median home prices sitting around $173,500. Renters in the area can expect to pay an average of $914 per month for a two-bedroom apartment. Utility costs in 41017 are also lower than average; electricity customers can expect to pay just 11.13ยข/kWh on average. Groceries and health care are also affordable; groceries are about 8% cheaper than the national average and health care only 3%. All in all, 41017 Edgewood, KY offers a great balance between affordability and quality of life.