Zip 41262 (Tomahawk, KY) Cost of Living


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United States / Kentucky / No Metro Area / Martin County / Tomahawk / Tomahawk (zip 41262)
How much do I need to live in Tomahawk, Kentucky?
$1,080 / month
for a family, 80.0% less expensive than the national average A total of $12,960 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

Tomahawk cost of living score
77
Less expensive
23.0% lower
than the US average
6.4% lower
than the Kentucky average
Tomahawk (zip 41262), Kentucky gets a BestPlaces Cost of Living score of 77, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.0% lower than the U.S. average and 6.4% higher than the average for Kentucky.

Zip 41262 (Tomahawk, KY)

Housing costs in Tomahawk?
A typical home costs $66,700, which is 80.3% less expensive than the national average of $338,100 and 65.7% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Tomahawk costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 26.0% cheaper than the state average of $920.

Can I afford Tomahawk?
To live comfortably in Tomahawk (zip 41262), Kentucky, a minimum annual income of $12,960 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Tomahawk?
The cost of living in 41262 Tomahawk, KY is relatively low when compared to other cities and towns. The median home value is $82,800, which is significantly lower than the national median of $231,200. This low cost of living makes it a great place for those who are on a budget but still looking for an affordable place to live. Additionally, there are no state income taxes in Kentucky and property taxes are among the lowest in the nation, giving residents more money to spend on day-to-day expenses. With a wide selection of stores, restaurants, and entertainment venues nearby, you'll be sure to find something that fits your budget in Tomahawk.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTomahawkKentuckyUnited States
    Unlock82.3100.0
  96.1  Unlock100.0
    Unlock102.2100.0
  28.2  Unlock100.0
    Unlock$194,300$338,100
  94.8  Unlock100.0
    Unlock89.1100.0
  67.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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