Housing costs in Louisville?
A typical home costs
$164,900, which is 51.2% less expensive than the national average of
$338,100 and 15.1% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$970 per month, which is 5.4% more than the national average of
$920 and 7.2% cheaper than the state average of
$1,040.
Can I afford Louisville?
To live comfortably in Louisville (zip 40213), Kentucky, a minimum annual income of
$31,680 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40213 Louisville, KY is quite reasonable. According to the United States Census Bureau, the median household income for this area is $38,426 and the median home value is $137,400. In comparison to other cities in Kentucky and across the US, these numbers are quite low. The average price for a one bedroom apartment outside of downtown Louisville is $719 per month with all utilities included. Groceries cost about 6% more than the national average and transportation costs are about 12% less than the national average. While there are some areas that may be more expensive than others within 40213 Louisville, KY overall it is very affordable to live here.