Housing costs in Louisville?
A typical home costs
$257,100, which is 24.0% less expensive than the national average of
$338,100 and 32.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 24.6% more than the state average of
$920.
Can I afford Louisville?
To live comfortably in Louisville (zip 40204), Kentucky, a minimum annual income of
$49,320 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40204 Louisville, KY is relatively affordable. According to BestPlaces, the cost of living index in Louisville is 83.76, which is lower than the United States average of 100. This lower cost of living includes an average rent of $845/month for a one-bedroom apartment and monthly utilities averaging $146. That equates to an average overall cost of living per month at around $991. Additionally, groceries and transportation costs are both fairly low when compared to other cities in the United States so you can expect your expenditure to be low if you’re considering moving here.