Housing costs in Rumsey?
A typical home costs
$236,900, which is 29.9% less expensive than the national average of
$338,100 and 21.9% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Rumsey 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 Rumsey?
To live comfortably in Rumsey (zip 42371), Kentucky, a minimum annual income of
$45,360 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Rumsey?
The cost of living in 42371 Rumsey, KY is low and affordable. Housing costs are some of the lowest in the nation, with median home costs being just over $71,000. Utilities are also inexpensive compared to other parts of the country. Tax rates for property and income are also below average, making it an attractive place to live for those on a budget. The area is also very rural, so transportation costs are fairly low since there's no need to commute long distances. All this makes 42371 Rumsey, KY a great place to live if you're looking for an affordable lifestyle.