Zip 40472 (Ravenna, KY) Cost of Living


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United States / Kentucky / No Metro Area / Estill County / Ravenna / Ravenna (zip 40472)
How much do I need to live in Ravenna, Kentucky?
$1,290 / month
for a family, 76.1% less expensive than the national average A total of $15,480 for the year for a family.
$1,700 / month
for a single person, 64.3% less expensive than the national average A total of $20,400 for the year for a single person.

Ravenna cost of living score
73.8
Less expensive
26.2% lower
than the US average
10.3% lower
than the Kentucky average
Ravenna (zip 40472), Kentucky gets a BestPlaces Cost of Living score of 73.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.2% lower than the U.S. average and 10.3% higher than the average for Kentucky.

Zip 40472 (Ravenna, KY)

Housing costs in Ravenna?
A typical home costs $81,400, which is 75.9% less expensive than the national average of $338,100 and 58.1% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Ravenna costs $670 per month, which is 53.1% cheaper than the national average of $1,430 and 37.3% cheaper than the state average of $920.

Can I afford Ravenna?
To live comfortably in Ravenna (zip 40472), Kentucky, a minimum annual income of $15,480 for a family, and $20,400 for a single person is recommended.

What does A.I. say about Ravenna?
The cost of living in 40472 Ravenna, KY is relatively affordable compared to other cities and towns. The median household income in the area is around $45,000 annually, and the average housing cost is about $150,000. Additionally, utilities tend to be lower than the national average. In terms of groceries, dining out and other essentials, prices are reasonable. For those looking for a quiet rural lifestyle with a more affordable cost of living than larger cities, Ravenna is an ideal option.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRavennaKentuckyUnited States
    Unlock82.3100.0
  90.8  Unlock100.0
    Unlock102.2100.0
  20.6  Unlock100.0
    Unlock$194,300$338,100
  93.6  Unlock100.0
    Unlock89.1100.0
  68.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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