Housing costs in Morehead?
A typical home costs
$143,300, which is 57.6% less expensive than the national average of
$338,100 and 26.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Morehead costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$920.
Can I afford Morehead?
To live comfortably in Morehead (zip 40351), Kentucky, a minimum annual income of
$27,360 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Morehead?
The cost of living in 40351 Morehead, KY is relatively low compared to other locations. Goods and services in the area are generally cheaper than the national average, making it an attractive place to live for those looking to save money. Housing costs are very reasonable with a median house price of $112,000, which is much lower than the national median price of $231,200. Additionally, utilities such as electricity and water are also below average when compared to other places. Overall, 40351 Morehead is a great place to live if you are looking for a more affordable lifestyle.