Zip 40031 (La Grange, KY) Cost of Living


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How much do I need to live in La Grange, Kentucky?
$5,550 / month
for a family, 2.8% more expensive than the national average A total of $66,600 for the year for a family.
$2,967 / month
for a single person, 37.8% less expensive than the national average A total of $35,600 for the year for a single person.

La Grange cost of living score
107.1
More expensive
7.1% higher
than the US average
30.1% higher
than the Kentucky average
La Grange (zip 40031), Kentucky gets a BestPlaces Cost of Living score of 107.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.1% higher than the U.S. average and 30.1% higher than the average for Kentucky.

Zip 40031 (La Grange, KY)

Housing costs in La Grange?
A typical home costs $348,300, which is 3.0% more expensive than the national average of $338,100 and 79.3% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in La Grange costs $1,060 per month, which is 15.2% more than the national average of $920 and close to the state average of $1,040.

Can I afford La Grange?
To live comfortably in La Grange (zip 40031), Kentucky, a minimum annual income of $66,600 for a family, and $35,600 for a single person is recommended.

What does A.I. say about La Grange?
The cost of living in 40031 La Grange, KY is quite affordable compared to other areas of the state. The median home price is just over $160,000; however, many homes can be found for much less depending on the size and location. Utilities are also quite affordable with an average monthly electricity bill of just $120 per month. In addition, groceries and other daily items are generally very reasonable in comparison to other areas. Overall, the cost of living in 40031 La Grange, KY is comfortable and provides a great quality of life for those who choose to call this area home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLa GrangeKentuckyUnited States
    Unlock82.3100.0
  100.6  Unlock100.0
    Unlock102.2100.0
  101.3  Unlock100.0
    Unlock$194,300$338,100
  94.2  Unlock100.0
    Unlock89.1100.0
  93.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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