Bethlehem, KY, zip code 40007 is a popular place to live due to its affordability. The average rent for a 2 bedroom apartment is $960, which is much lower than the national average of $1,430. Grocery costs in Bethlehem are also relatively low with an index value of 99 compared to the national index of 100. Not only does this make Bethlehem an affordable place for housing and groceries, but there are many local businesses as well. Bethlehem has two grocery stores: Save-A-Lot and Kroger, both offering competitive prices on food items. Additionally, several restaurants serve great meals at reasonable prices such as Tom & Jerry’s Pizzeria and Woody’s Bar-B-Q. Other local shops include a hardware store, multiple gas stations, and two banks providing residents with convenience and affordability on all daily needs. In sum, Bethlehem offers great value when it comes to cost of living with affordable rent and groceries along with multiple local shops that provide quality goods at reasonable prices.