Housing costs in Lawrenceburg?
A typical home costs
$211,900, which is 37.3% less expensive than the national average of
$338,100 and 9.1% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Lawrenceburg costs
$870 per month, which is 5.4% cheaper than the national average of
$920 and close to the state average of
$880.
Can I afford Lawrenceburg?
To live comfortably in Lawrenceburg (zip 40342), Kentucky, a minimum annual income of
$40,680 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Lawrenceburg?
The cost of living in 40342 Lawrenceburg, KY is relatively affordable. According to the Council for Community and Economic Research, the overall cost of living index for Lawrenceburg is 92.7 (national average = 100). This means that costs for goods and services are 8.3% lower than average in the U.S., making it a very affordable place to live. Housing costs are especially low, with an average two-bedroom apartment renting for around $675 per month. Utilities also tend to be quite reasonable, with an average for basic utilities costing around $100 per month. Grocery prices are competitive with national averages, as well as fuel prices at local gas stations. Overall, Lawrenceburg offers an affordable cost of living for residents looking to settle into a budget-friendly environment.