Housing costs in Van Lear?
A typical home costs
$132,300, which is 60.9% less expensive than the national average of
$338,100 and 31.9% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Van Lear costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 27.8% cheaper than the state average of
$920.
Can I afford Van Lear?
To live comfortably in Van Lear (zip 41265), Kentucky, a minimum annual income of
$25,200 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Van Lear?
41265 Van Lear, Kentucky is an affordable place to live. The cost of living is considerably lower than the national average, providing residents with a comfortable and affordable lifestyle. According to Best Places, the cost of living index in 41265 Van Lear is 81, which is 19 points lower than the US average. Housing costs account for most of this discrepancy; although housing prices can be high in some areas, they are generally moderate and easily accessible to most individuals in the area. Groceries, healthcare, utilities, transportation and other expenses are also quite affordable compared to other parts of the country. All-in-all, 41265 Van Lear provides a great quality of life for those who choose to call it home while still avoiding large expenditures associated with living elsewhere.