Housing costs in Louisville?
A typical home costs
$348,300, which is 3.0% more expensive than the national average of
$338,100 and 79.3% 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 40241), Kentucky, a minimum annual income of
$66,600 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in 40241 Louisville, KY is relatively affordable compared to other areas of the country. According to BestPlaces, the median household income is $54,161 and the median home value is $181,299. The average rent for a two-bedroom apartment in 40241 Louisville is around $1,000 per month. Groceries are also quite inexpensive with an average cost of only $5-$7 per person per meal. Additionally, utilities like electricity and gas are some of the lowest in the nation, averaging less than $100 per month combined. All in all, 40241 Louisville offers a high quality of life at an affordable price.