Housing costs in Louisville?
A typical home costs
$260,600, which is 22.9% less expensive than the national average of
$338,100 and 34.1% 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 40231), Kentucky, a minimum annual income of
$50,040 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40231 Louisville, KY is relatively low compared to other areas in the United States. The median home value is $142,400, which is significantly lower than the national average of $188,900. The median household income for residents is $54,788 and the cost of goods and services is around 96% of the national average. Furthermore, housing costs in this area are some of the lowest in Kentucky with an average rent of just $793 per month. Overall, 40231 Louisville is an affordable place to live with many budget-friendly options for food, transportation and entertainment.