Housing costs in Oak Grove?
A typical home costs
$171,000, which is 49.4% less expensive than the national average of
$338,100 and 12.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Oak Grove costs
$960 per month, which is 4.3% more than the national average of
$920 and 2.1% cheaper than the state average of
$980.
Can I afford Oak Grove?
To live comfortably in Oak Grove (zip 42262), Kentucky, a minimum annual income of
$32,760 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Oak Grove?
The cost of living in 42262 Oak Grove, KY is quite affordable. The median home price is $124,500, which is substantially lower than the national average. Additionally, property taxes are low compared to other states. Transportation costs in the area are low as well since the city is small and easy to navigate without a car. Groceries and various other essentials tend to be more expensive than the national average due to the rural location; however, overall, residents can expect to have access to many amenities at an affordable cost.