Housing costs in Milton?
A typical home costs
$174,500, which is 48.4% less expensive than the national average of
$338,100 and 10.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Milton costs
$750 per month, which is 18.5% cheaper than the national average of
$920 and 38.7% cheaper than the state average of
$1,040.
Can I afford Milton?
To live comfortably in Milton (zip 40045), Kentucky, a minimum annual income of
$33,480 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Milton?
The cost of living in 40045 Milton, KY is generally quite affordable. According to the 2018 Cost of Living Index, the overall cost of living in Milton is about 14% lower than the national average. The median home value in this area is around $150,000 and the median household income is approximately $53,000. Groceries are around 3% cheaper than the rest of the United States; transportation expenses are about 4% lower than the national average; and healthcare costs are about 18% lower than other parts of the country. All these factors make 40045 Milton, KY an incredibly affordable place to live.