Housing costs in Louisville?
A typical home costs
$253,600, which is 25.0% less expensive than the national average of
$338,100 and 30.5% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 17.9% more than the state average of
$920.
Can I afford Louisville?
To live comfortably in Louisville (zip 40206), Kentucky, a minimum annual income of
$48,600 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40206 Louisville, KY is quite reasonable. According to data from the US Census Bureau, the median household income for the area is $54,767, while the median home value is around $155,800. This makes it a great place to live for those looking for affordable housing and an overall good quality of life. The area also boasts some of the lowest taxes in the state which helps keep costs down for residents. Groceries, utilities, and other daily necessities are also quite affordable in this neighborhood. All-in-all, 40206 Louisville, KY offers a great place to live with lots of amenities at an affordable price.