What is the cheapest place to live in Kentucky?

Is Kentucky cheap to live?

Cost of living: Ranked in the Top 20, Kentucky is one of the most affordable states in America. The state’s cost of living index is 89.5, well under the national index of 100. Housing prices: The median home listing price in Kentucky is currently $195,000.

What is the average cost of living in Kentucky?

Our cost of living indices are based on a US average of 100. An amount below 100 means Kentucky is cheaper than the US average.

Kentucky cost of living is 83.6.

COST OF LIVING Kentucky United States
Health 93.9 100
Housing 63.3 100
Median Home Cost $146,400 $231,200
Utilities 92.9 100

What is the best part of Kentucky to live in?

The top 10 best places to live in Kentucky for 2020 are:

  • Villa Hills.
  • Fort Mitchell.
  • Wilmore.
  • Fort Wright.
  • Cold Spring.
  • Bellevue.
  • Jeffersontown.
  • Douglas Hills.
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6 февр. 2020 г.

What city in Kentucky has the best weather?

As you might hope for a place located in what sounds like a fairytale, the Western Coalfields, Madisonville came in with the best weather score in our study, with an average summer temperature of 77 degrees and an air quality score of 20 (100 is the worst).

Why is land so cheap in Kentucky?

Another reason why you find such cheap real estate in Kentucky is the mentality of the local population in much of Kentucky. Why would most outsiders from the cities or suburbs want to relocate into Kentucky when you’ve got to deal with people who have limited and very limited economic, education and social prospects.

What is the poorest town in KY?

The poorest town in Kentucky is Franklin, which is near the Kentucky-Tennessee border off of Interstate 65. According to the website, the town of 8,563 has median household income of $30,398 and a poverty rate of 26.2 percent.

How much money do you need to live comfortably in Kentucky?

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Required annual income after taxes $22,509 $50,551
Annual taxes $5,540 $12,441
Required annual income before taxes $28,048 $62,992

How much do you need to make to live comfortably in Kentucky?

A single adult living in Kentucky would need to earn at least $10.82 an hour to afford the state’s cost of living, according to a Massachusetts Institute of Technology living-wage calculator. The living wage jumps to $22.68 an hour for a single parent with one child, MIT’s calculator says.

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What is a good salary in Kentucky?

While ZipRecruiter is seeing salaries as high as $71,927 and as low as $19,181, the majority of salaries within the Hourly Rate jobs category currently range between $27,811 (25th percentile) to $46,513 (75th percentile) with top earners (90th percentile) making $59,939 annually in Kentucky.

What is the most dangerous city in Kentucky?

Where Are The Most Dangerous Cities In Kentucky?

Rank City Violent Crimes Per Capita
1 Mayfield 406
2 Louisville 686
3 Pikeville 273
4 Oak Grove 326

What is the safest city in Kentucky?

Here are the 10 Safest Cities in Kentucky for 2021

  • Providence.
  • Flatwoods.
  • West Liberty.
  • Hartford.
  • Williamstown.
  • Pioneer Village.
  • Fort Thomas.
  • Independence.

9 февр. 2021 г.

What is the richest town in KY?

Oldham County is the wealthiest of all Kentucky counties, and its scenery contributes to its superb quality of life.

Study: The places with the highest incomes in Kentucky.

Rank 1
County, State Oldham, KY
Cost of Living $47,615
Median Income $92,237
Median Income Index 66.14

What is the coldest month of the year in Kentucky?

Louisville’s coldest month is January when the average temperature overnight is 24.9°F. In July, the warmest month, the average day time temperature rises to 87.0°F.

Where should I move in Kentucky?

Many outdoor lovers consider moving to Kentucky after visiting attractions like Mammoth Cave National Park, Red River Gorge and Lake Cumberland. Cities in Kentucky celebrate the state’s rich history and agricultural ties. Lexington, Danville and Louisville are among the best places to live in Kentucky.

Is Kentucky a rich or poor state?

Kentucky has a population of 4,467,673 people, a figure that has grown by 3% over the past decade. While it’s the fourth-poorest state in the country, Kentucky’s poverty rate has also fallen significantly in recent years. The rate has fallen from 19.4% in 2011 to 16.3% in 2019.

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