Zip 40740 (Lily, KY) Cost of Living


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Lily cost of living score
74.1
Less expensive
25.9% lower
than the US average
10.0% lower
than the Kentucky average
Lily (zip 40740), Kentucky gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 10.0% higher than the average for Kentucky.

Zip 40740 (Lily, KY)

Housing costs in Lily?
A typical home costs $134,100, which is 60.3% less expensive than the national average of $338,100 and 31.0% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Lily costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 17.9% cheaper than the state average of $920.

Can I afford Lily?
To live comfortably in Lily (zip 40740), Kentucky, a minimum annual income of $25,560 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Lily?
The cost of living in 40740 Lily, KY is quite low compared to the national average. The median household income is around $30,000, and the median home price is only around $75,000. This means that it is much more affordable to purchase a home in this area than in other parts of the country. Additionally, there are plenty of grocery stores and restaurants nearby providing many different options for food at an affordable price. Overall, the cost of living in 40740 Lily, KY is very reasonable and makes it a great place to live.
   Cost of living score
     CategoriesLilyKentuckyUnited States
  74.182.3100.0
  94.494.2100
  98.8102.2100.0
  34.556.9100.0
  $134,100$194,300$338,100
  90.5%92.9%100.0%
  76.789.1100.0
  68.477.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime