Housing costs in Louisville?
A typical home costs
$68,600, which is 79.7% less expensive than the national average of
$338,100 and 64.7% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$920.
Can I afford Louisville?
To live comfortably in Louisville (zip 40212), Kentucky, a minimum annual income of
$13,320 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40212 Louisville, KY is quite reasonable. According to BestPlaces, the cost of living index in 40212 Louisville, KY is 81.76, which is 7% lower than the US average. Housing is a major component of the cost of living and with an average rent for a one-bedroom apartment being around $741 and for a three-bedroom apartment being around $1,015 per month, it can be seen that the cost of living here in 40212 Louisville, KY is quite affordable. Additionally, the state has no income tax which further helps offset costs. All in all, whether you’re looking to move to or from this area or just visiting for a while, you should find that the cost of living in 40212 Louisville, KY is more than reasonable.