Housing costs in Powderly?
A typical home costs
$85,400, which is 74.7% less expensive than the national average of
$338,100 and 56.0% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Powderly costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 39.4% cheaper than the state average of
$920.
Can I afford Powderly?
To live comfortably in Powderly (zip 42367), Kentucky, a minimum annual income of
$16,200 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Powderly?
The cost of living in 42367 Powderly, KY is quite affordable. According to the most recent numbers, the average cost of housing in the area is $93,100 with a median rent of just $785 per month. The overall cost of living index is also 85.7, which is lower than the United States average. Additionally, utility bills are significantly cheaper than those in more urban areas making it an inviting place to live for those on a budget. With its low unemployment rate and abundance of job opportunities, this small town can offer a level of financial stability that many locations can't match.