Housing costs in Louisville?
A typical home costs
$177,200, which is 47.6% less expensive than the national average of
$338,100 and 8.8% less 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 40218), Kentucky, a minimum annual income of
$33,840 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40218 Louisville, KY is quite affordable compared to the national average. The overall index is about 6.5% lower than the US average, making it an attractive place to live. Housing costs in particular are very reasonable, with median home values coming in at around $139,000 and monthly rents averaging at around $850. Groceries and utilities are also fairly inexpensive, as well as transportation costs. All in all, living in 40218 Louisville is a budget-friendly option for those looking to start a new life or relocate to the area.