Housing costs in Louisville?
A typical home costs
$344,400, which is 1.9% more expensive than the national average of
$338,100 and 77.3% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Louisville costs
$1,360 per month, which is 47.8% more than the national average of
$920 and 23.5% more than the state average of
$1,040.
Can I afford Louisville?
To live comfortably in Louisville (zip 40223), Kentucky, a minimum annual income of
$65,880 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40223 Louisville, KY is relatively low compared to other cities in the United States. According to BestPlaces’s Cost of Living Index, the city boasts a score of 66.9 out of 100 when compared to New York City. This makes it much more affordable than larger metropolitan areas for housing, goods and services, transportation, healthcare, and groceries. Rent is particularly affordable with an average one-bedroom apartment costing just $737 per month – significantly lower than the national median rent price of $1,020. Furthermore, utilities are among some of the lowest in the nation at just over $150 per month for all basic services. All this makes 40223 Louisville an ideal place for those looking to live without breaking their budget.