Housing costs in London?
A typical home costs
$179,000, which is 47.1% less expensive than the national average of
$338,100 and 7.9% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in London costs
$760 per month, which is 17.4% cheaper than the national average of
$920 and close to the state average of
$750.
Can I afford London?
To live comfortably in London (zip 40744), Kentucky, a minimum annual income of
$34,200 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about London?
Living in 40744 London, KY can be quite affordable compared to many other areas of the United States. The cost of living index is estimated to be around 78.5, which is lower than the national average of 100. This means that residents of this area enjoy an overall lower cost of living which includes lower housing costs, transportation costs, food costs, healthcare costs and more. Despite being relatively inexpensive, London still has a variety of recreational activities and amenities for its residents to enjoy such as movie theaters, restaurants, galleries and shops. Additionally, with the close proximity to both Kentucky Lake and Laurel River Lake there are plenty of opportunities for outdoor recreation nearby.