Zip 42450 (Providence, KY) Cost of Living


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United States / Kentucky / No Metro Area / Webster County / Providence / Providence (zip 42450)
How much do I need to live in Providence, Kentucky?
$1,140 / month
for a family, 78.9% less expensive than the national average A total of $13,680 for the year for a family.
$1,500 / month
for a single person, 68.5% less expensive than the national average A total of $18,000 for the year for a single person.

Providence cost of living score
69.3
Less expensive
30.7% lower
than the US average
15.8% lower
than the Kentucky average
Providence (zip 42450), Kentucky gets a BestPlaces Cost of Living score of 69.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.7% lower than the U.S. average and 15.8% higher than the average for Kentucky.

Zip 42450 (Providence, KY)

Housing costs in Providence?
A typical home costs $71,400, which is 78.9% less expensive than the national average of $338,100 and 63.3% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Providence costs $590 per month, which is 58.7% cheaper than the national average of $1,430 and 55.9% cheaper than the state average of $920.

Can I afford Providence?
To live comfortably in Providence (zip 42450), Kentucky, a minimum annual income of $13,680 for a family, and $18,000 for a single person is recommended.

What does A.I. say about Providence?
The cost of living in 42450 Providence, KY is relatively affordable compared to other locations. The median home value here is $125,500 and the median rental cost for a two-bedroom apartment is just under $800 per month. Groceries and basic necessities are also relatively reasonably priced. This makes it an attractive option for those looking for an affordable location to live. Additionally, the area has access to many amenities such as shopping centers, restaurants, and entertainment venues that can help keep the cost of living even lower.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesProvidenceKentuckyUnited States
    Unlock82.3100.0
  88.2  Unlock100.0
    Unlock102.2100.0
  17.9  Unlock100.0
    Unlock$194,300$338,100
  95.4  Unlock100.0
    Unlock89.1100.0
  69.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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