Zip 40322 (Frenchburg, KY) Cost of Living


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Frenchburg cost of living score
74.1
Less expensive
25.9% lower
than the US average
10.0% lower
than the Kentucky average
Frenchburg (zip 40322), Kentucky gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 10.0% higher than the average for Kentucky.

Zip 40322 (Frenchburg, KY)

Housing costs in Frenchburg?
A typical home costs $98,000, which is 71.0% less expensive than the national average of $338,100 and 49.6% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Frenchburg costs $720 per month, which is 21.7% cheaper than the national average of $920 and 4.2% cheaper than the state average of $750.

Can I afford Frenchburg?
To live comfortably in Frenchburg (zip 40322), Kentucky, a minimum annual income of $18,720 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Frenchburg?
The cost of living in 40322 Frenchburg, KY is relatively low. According to Best Places, the median home value for the area is just around $74,500, with median rent costs coming in at $639 per month. In addition, groceries and health care are also much cheaper than the national average. Other expenses such as utilities and transportation are also lower than the national average. This makes 40322 Frenchburg an attractive option for those who want to live in a rural area without breaking the bank.
   Cost of living score
     CategoriesFrenchburgKentuckyUnited States
  74.182.3100.0
  92.394.2100
  102.2102.2100.0
  27.956.9100.0
  $98,000$194,300$338,100
  94.0%92.9%100.0%
  93.389.1100.0
  68.477.5100.0

   100=National Average

   Average Rent by Bedroom Size
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