Zip 42051 (Hickory, KY) Cost of Living


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Hickory cost of living score
73.7
Less expensive
26.3% lower
than the US average
10.4% lower
than the Kentucky average
Hickory (zip 42051), Kentucky gets a BestPlaces Cost of Living score of 73.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.3% lower than the U.S. average and 10.4% higher than the average for Kentucky.

Zip 42051 (Hickory, KY)

Housing costs in Hickory?
A typical home costs $170,500, which is 49.6% less expensive than the national average of $338,100 and 12.2% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Hickory costs $720 per month, which is 21.7% cheaper than the national average of $920 and 2.8% cheaper than the state average of $740.

Can I afford Hickory?
To live comfortably in Hickory (zip 42051), Kentucky, a minimum annual income of $32,760 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Hickory?
The cost of living in 42051 Hickory, KY is relatively low compared to other areas. The median home value is around $82,600 and the median rental price for a one-bedroom apartment is about $570 per month. The local grocery stores have competitive prices and there are a variety of restaurants in the area. In addition, utilities such as electricity and water are reasonably priced. Overall, the cost of living in Hickory makes it an attractive place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesHickoryKentuckyUnited States
  73.782.3100.0
  89.894.2100
  120.3102.2100.0
  40.056.9100.0
  $170,500$194,300$338,100
  93.5%92.9%100.0%
  71.889.1100.0
  79.977.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime