Zip 40358 (Olympia, KY) Cost of Living


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Olympia cost of living score
72.9
Less expensive
27.1% lower
than the US average
11.4% lower
than the Kentucky average
Olympia (zip 40358), Kentucky gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 11.4% higher than the average for Kentucky.

Zip 40358 (Olympia, KY)

Housing costs in Olympia?
A typical home costs $166,500, which is 50.8% less expensive than the national average of $338,100 and 14.3% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Olympia costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 22.7% cheaper than the state average of $920.

Can I afford Olympia?
To live comfortably in Olympia (zip 40358), Kentucky, a minimum annual income of $32,040 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Olympia?
The cost of living in 40358 Olympia, KY is relatively low compared to the national average. According to BestPlaces, the total cost of living index in 40358 is 86, which is 14% lower than the US average. The median home price in the area is $121,200 and the median rent estimated at around $705 per month. Despite being a rural town, groceries and utilities are still cheaper than most places with the grocery index sitting at 88 and utility index at 87. Overall, this makes 40358 an attractive destination for those looking for a more rural lifestyle without sacrificing on affordability.
   Cost of living score
     CategoriesOlympiaKentuckyUnited States
  72.982.3100.0
  95.694.2100
  102.2102.2100.0
  37.556.9100.0
  $166,500$194,300$338,100
  97.3%92.9%100.0%
  83.389.1100.0
  68.777.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime