Housing costs in Mount Vernon?
A typical home costs
$115,900, which is 65.7% less expensive than the national average of
$338,100 and 40.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Mount Vernon costs
$750 per month, which is 18.5% cheaper than the national average of
$920 and 4.0% cheaper than the state average of
$780.
Can I afford Mount Vernon?
To live comfortably in Mount Vernon (zip 40456), Kentucky, a minimum annual income of
$22,320 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Mount Vernon?
The cost of living in 40456 Mount Vernon, KY is fairly low when compared to the national average. The area has a median home value of just under $90,000, and the median rent price stands at around $600 per month. Prices for groceries, healthcare, and transportation are all slightly lower than average as well. This makes it an attractive option for those looking to live somewhere affordable yet still have access to basic amenities.