Housing costs in Grand Rivers?
A typical home costs
$135,100, which is 60.0% less expensive than the national average of
$338,100 and 30.5% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Grand Rivers costs
$730 per month, which is 20.7% cheaper than the national average of
$920 and 16.4% cheaper than the state average of
$850.
Can I afford Grand Rivers?
To live comfortably in Grand Rivers (zip 42045), Kentucky, a minimum annual income of
$25,920 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Grand Rivers?
The cost of living in 42045 Grand Rivers, KY is relatively affordable compared to other parts of the country. The median home value in the area is $111,400 and the median household income is $37,813. This means that people are able to afford a comfortable lifestyle at an economical price. Property taxes are also relatively low in comparison to other states, making it easier for people to purchase homes or rent properties without breaking the bank. Additionally, the cost of utilities such as electricity and water tend to be lower than what one would expect from other parts of the country. With its affordable housing prices and low cost of living, 42045 Grand Rivers makes an ideal location for anyone looking for a budget friendly place to live.