Housing costs in Ghent?
A typical home costs
$152,000, which is 55.0% less expensive than the national average of
$338,100 and 21.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Ghent costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 8.9% more than the state average of
$920.
Can I afford Ghent?
To live comfortably in Ghent (zip 41045), Kentucky, a minimum annual income of
$29,160 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Ghent?
41045 Ghent, KY is known for its relatively low cost of living in comparison to the national average. The median home price in the area is around $147,300, making it one of the most affordable places to live in Kentucky. The cost of utilities including electricity, natural gas, and water averages between $115 and $120 per month. Groceries are also fairly inexpensive at approximately 10% lower than the national average. Additionally, the local property and sales taxes are some of the lowest in the state. In summary, 41045 Ghent, KY offers an attractive combination of convenience and affordability for those looking for a place to call home.