Zip 40229 (Louisville, KY) Cost of Living


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Louisville cost of living score
89.8
Less expensive
10.2% lower
than the US average
9.1% higher
than the Kentucky average
Louisville (zip 40229), Kentucky gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 9.1% lower than the average for Kentucky.

Zip 40229 (Louisville, KY)

Housing costs in Louisville?
A typical home costs $217,300, which is 35.7% less expensive than the national average of $338,100 and 11.8% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Louisville costs $1,210 per month, which is 31.5% more than the national average of $920 and 14.0% more than the state average of $1,040.

Can I afford Louisville?
To live comfortably in Louisville (zip 40229), Kentucky, a minimum annual income of $41,760 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Louisville?
The cost of living in 40229 Louisville, KY is relatively low compared to other cities. According to BestPlaces, the overall cost of living index for 40229 is 88.3, which is 12.7% lower than the national average. Housing is particularly affordable in this area, with an index score of 74.0--26.0% below the national average. Transportation costs are also low in this area, at 83.7 (16.3% below the national average). Other essential expenses like groceries and healthcare are also comparatively inexpensive in Louisville's 40229 zip code area. In conclusion, Louisville's 40229 zip code is a great place to live for those looking for a more affordable lifestyle.
   Cost of living score
     CategoriesLouisvilleKentuckyUnited States
  89.882.3100.0
  94.694.2100
  94.8102.2100.0
  63.256.9100.0
  $217,300$194,300$338,100
  92.3%92.9%100.0%
  104.389.1100.0
  91.277.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime