Housing costs in Erlanger?
A typical home costs
$199,400, which is 41.0% less expensive than the national average of
$338,100 and 2.6% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Erlanger costs
$1,140 per month, which is 23.9% more than the national average of
$920 and 4.4% more than the state average of
$1,090.
Can I afford Erlanger?
To live comfortably in Erlanger (zip 41018), Kentucky, a minimum annual income of
$38,160 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Erlanger?
The cost of living in 41018 Erlanger, KY is relatively low compared to the national average. The median home cost in 41018 is $150,200, which is 15% lower than the national average and about 23% lower than the state of Kentucky's average. The area also has an unemployment rate of 4.2%, which is much lower than the national average and is below the state's average of 5%. Additionally, the overall cost of living index in Erlanger is 86.7, a full 10 points lower than the national average. This makes it an ideal location for those looking to save money on housing costs or rent while still enjoying all that this great Kentucky city has to offer.