Housing costs in Elkhorn City?
A typical home costs
$73,300, which is 78.3% less expensive than the national average of
$338,100 and 62.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Elkhorn City costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 37.3% cheaper than the state average of
$920.
Can I afford Elkhorn City?
To live comfortably in Elkhorn City (zip 41522), Kentucky, a minimum annual income of
$14,040 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Elkhorn City?
The cost of living in 41522 Elkhorn City, KY is quite affordable. The median household income for the area is $34,600 and the median home value is around $86,500, making the area a great place to settle down and establish roots. The unemployment rate in this area is also quite low at just 4.9% as of 2019 which means job opportunities are plentiful. Prices for groceries and other goods tend to be lower than the national average, while housing costs are about on par with those of other areas. All in all, Elkhorn City offers a great quality of life at an affordable price that anyone can enjoy.