Housing costs in Louisville?
A typical home costs
$188,300, which is 44.3% less expensive than the national average of
$338,100 and 3.1% 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 40214), Kentucky, a minimum annual income of
$36,000 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40214 Louisville, KY is quite reasonable compared to many larger cities. According to the Cost of Living Index, which factors in housing costs, goods and services, grocery prices, transportation costs, healthcare costs and more, the median monthly cost for a single person in 40214 is $1,574. This is approximately 4.4% lower than the national average. Housing costs are particularly affordable in 40214 with a median home price of around $105,000 – significantly lower than the national average. As such, this makes it an excellent option for anyone looking for an affordable place to live while still enjoying all that Louisville has to offer.