Zip 40855 (Lynch, KY) Cost of Living


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United States / Kentucky / No Metro Area / Harlan County / Lynch / Lynch (zip 40855)
How much do I need to live in Lynch, Kentucky?
$840 / month
for a family, 84.4% less expensive than the national average A total of $10,080 for the year for a family.
$1,567 / month
for a single person, 67.1% less expensive than the national average A total of $18,800 for the year for a single person.

Lynch cost of living score
69.5
Less expensive
30.5% lower
than the US average
15.6% lower
than the Kentucky average
Lynch (zip 40855), Kentucky gets a BestPlaces Cost of Living score of 69.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.5% lower than the U.S. average and 15.6% higher than the average for Kentucky.

Zip 40855 (Lynch, KY)

Housing costs in Lynch?
A typical home costs $52,200, which is 84.6% less expensive than the national average of $338,100 and 73.1% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Lynch costs $580 per month, which is 59.4% cheaper than the national average of $1,430 and 58.6% cheaper than the state average of $920.

Can I afford Lynch?
To live comfortably in Lynch (zip 40855), Kentucky, a minimum annual income of $10,080 for a family, and $18,800 for a single person is recommended.

What does A.I. say about Lynch?
Living in 40855 Lynch, KY is fairly inexpensive. The cost of living index for the area is about 81.1, which is lower than the national average of 100. Renting a one bedroom apartment can be as low as $400-$500 a month, while the median home price is around $90,000. Utility bills are also fairly reasonable compared to other regions. Overall, it's a great place to call home with an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLynchKentuckyUnited States
    Unlock82.3100.0
  92.1  Unlock100.0
    Unlock102.2100.0
  17.2  Unlock100.0
    Unlock$194,300$338,100
  88.9  Unlock100.0
    Unlock89.1100.0
  68.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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