Housing costs in Winchester?
A typical home costs
$207,600, which is 38.6% less expensive than the national average of
$338,100 and 6.8% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Winchester costs
$880 per month, which is 4.3% cheaper than the national average of
$920 and 17.0% cheaper than the state average of
$1,030.
Can I afford Winchester?
To live comfortably in Winchester (zip 40391), Kentucky, a minimum annual income of
$39,600 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Winchester?
The cost of living in 40391 Winchester, KY is relatively low compared to the national average. According to Best Places, the overall cost of living index in Winchester is 82.3, which is 18.7% lower than the U.S. average of 100. Housing costs are particularly affordable with a median home price of $128,400, making it an attractive option for those looking for an affordable place to live. The median household income in Winchester is $35,707 and while this may seem low compared to some other cities, basic necessities such as groceries are still quite affordable due to the lower cost of living. Furthermore, utilities tend to be significantly cheaper than in other areas as well.