Housing costs in Louisville?
A typical home costs
$216,100, which is 36.1% less expensive than the national average of
$338,100 and 11.2% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$1,060 per month, which is 15.2% more than the national average of
$920 and close to the state average of
$1,040.
Can I afford Louisville?
To live comfortably in Louisville (zip 40217), Kentucky, a minimum annual income of
$41,400 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40217 Louisville, KY is relatively affordable. The overall cost of living index is 97.6, which is lower than the national average of 100. Housing costs are especially low in the area, with an average price of around $130,000 for a single family home. This is significantly less expensive than most other cities in the U.S., making it an ideal place to live for those looking for an affordable and comfortable lifestyle. In addition to low housing costs, utilities and groceries are also very reasonably priced in 40217 Louisville, KY, making it even more financially attractive to potential residents.