Zip 40372 (Salvisa, KY) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Kentucky / No Metro Area / Mercer County / Salvisa / Salvisa (zip 40372)
How much do I need to live in Salvisa, Kentucky?
$3,600 / month
for a family, 33.3% less expensive than the national average A total of $43,200 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Salvisa cost of living score
79
Less expensive
21.0% lower
than the US average
4.0% lower
than the Kentucky average
Salvisa (zip 40372), Kentucky gets a BestPlaces Cost of Living score of 79, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.0% lower than the U.S. average and 4.0% higher than the average for Kentucky.

Zip 40372 (Salvisa, KY)

Housing costs in Salvisa?
A typical home costs $225,300, which is 33.4% less expensive than the national average of $338,100 and 16.0% more expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Salvisa 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 Salvisa?
To live comfortably in Salvisa (zip 40372), Kentucky, a minimum annual income of $43,200 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Salvisa?
The cost of living in 40372 Salvisa, KY is quite reasonable. The median home price is just under $150,000 and the median household income is just above that. Utilities costs are reasonable, with an average electric bill of around $110 a month and the average gas bill hovering at around $65 a month. Groceries and meals out are also relatively inexpensive compared to other places in Kentucky. Tax rates are also low, which helps keep the overall cost of living low for residents of Salvisa. All of these factors together make 40372 Salvisa an attractive place to live for those seeking a lower cost of living without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSalvisaKentuckyUnited States
    Unlock82.3100.0
  95.5  Unlock100.0
    Unlock102.2100.0
  58.3  Unlock100.0
    Unlock$194,300$338,100
  92.2  Unlock100.0
    Unlock89.1100.0
  85.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.