Housing costs in Louisville?
A typical home costs
$116,600, which is 65.5% less expensive than the national average of
$338,100 and 40.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$990 per month, which is 7.6% more than the national average of
$920 and 5.1% cheaper than the state average of
$1,040.
Can I afford Louisville?
To live comfortably in Louisville (zip 40208), Kentucky, a minimum annual income of
$22,320 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40208 Louisville, KY is relatively high. The median home price for 2019 was $171,000, significantly higher than the national average of $173,900. Additionally, the overall cost of groceries and other goods tends to be more expensive than in nearby cities or rural areas. Gasoline prices are also typically higher than the national average. That said, there are a variety of affordable housing options available in the area as well as numerous dining and entertainment options that can make up for the increased costs.