Housing costs in Reed?
A typical home costs
$96,100, which is 71.6% less expensive than the national average of
$338,100 and 50.5% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Reed costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 10.7% more than the state average of
$920.
Can I afford Reed?
To live comfortably in Reed (zip 42451), Kentucky, a minimum annual income of
$18,360 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Reed?
Life in 42451 Reed, KY is very affordable, with housing costs significantly lower than the national average. The median home cost is just over $75,000, which is well below the national median of around $200,000. The cost of living index for Reed is 79.1 and the average commute time to work takes only 22 minutes. Residents can find a variety of activities and entertainment options ranging from outdoor recreation spots to cultural destinations in town or nearby cities. Renters have access to several apartment complexes that offer competitive pricing along with amenities such as pools and fitness facilities. Overall, Reed offers great value for those looking to live in a city that’s close to the amenities of larger cities without the high cost of living.