Zip 42350 (Island, KY) Cost of Living


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How much do I need to live in Island, Kentucky?
$2,190 / month
for a family, 59.4% less expensive than the national average A total of $26,280 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Island cost of living score
75.1
Less expensive
24.9% lower
than the US average
8.7% lower
than the Kentucky average
Island (zip 42350), Kentucky gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 8.7% higher than the average for Kentucky.

Zip 42350 (Island, KY)

Housing costs in Island?
A typical home costs $137,600, which is 59.3% less expensive than the national average of $338,100 and 29.2% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Island costs $760 per month, which is 17.4% cheaper than the national average of $920 and 22.4% cheaper than the state average of $930.

Can I afford Island?
To live comfortably in Island (zip 42350), Kentucky, a minimum annual income of $26,280 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Island?
The cost of living in 42350 Island, KY is relatively low. While it is a small island and the demand for housing is moderately high, the average house costs around $75,000 and the median rent is roughly $800 per month. Additionally, the cost of groceries and other basic necessities are also quite low. With no sales tax or income tax, living expenses can be kept to a minimum. The low cost of living makes 42350 Island an attractive place for budget-minded individuals looking to enjoy life on the water without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesIslandKentuckyUnited States
    Unlock82.3100.0
  90.2  Unlock100.0
    Unlock102.2100.0
  32.1  Unlock100.0
    Unlock$194,300$338,100
  93.9  Unlock100.0
    Unlock89.1100.0
  69.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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