Average Utility Costs in Kentucky: $401 per month Utility expenses will take a bite out of your monthly budget.
What is the average cost of living in Kentucky per month?
Monthly rent for a one-bedroom in the state is $587, while the typical rent for a unit with five or more bedrooms is $1,058. Across the state, 33.0% of occupied homes are rented, less than the 36.2% national average and the 20th lowest renter rate of any state.
What is cost of living in KY?
Cost of Living
| Annual Average Salary | Cost of Living Index (Base US) | |
|---|---|---|
| Kentucky | $43,794 | 86.9 |
| USA | $53,246 | 100.0 |
How much does it cost to live in an apartment in Kentucky?
The statewide average price for a studio apartment is $536 a month, while a one-bedroom apartment costs approximately $600 per month. A two-bedroom apartment in Kentucky costs an average of $760 per month.
How much are utilities in Louisville Ky?
Louisville cost of living is 88.4
| COST OF LIVING | Louisville | Kentucky |
|---|---|---|
| Housing | 69.6 | 63.3 |
| Median Home Cost | $206,900 | $165,900 |
| Utilities | 92.8 | 92.9 |
| Transportation | 103.2 | 89.1 |
How much is the average water bill in Kentucky?
Utility costs vary greatly by state. The most expensive utility bills can be found in Alaska, with an average cost of $496 per month. New Mexico has the lowest average cost of $232 per month.
Water Prices by State 2022.
| State | Kentucky |
|---|---|
| Avg. Total Utilities | $339 |
| Electric | $116 |
| Internet | $35 |
| Nat. Gas | $94 |
What is Kentucky’s minimum wage?
$7.25 an hour
ASHLAND, Ky. (WSAZ) – State lawmakers in Kentucky are considering a bill that would gradually raise the state’s minimum wage to $15 per hour by July 2026. “Nobody in 2022 can live off $7.25 an hour in this country,” said Sen.
Is Kentucky cheap to live?
According to CNBC’s “America’s 10 Cheapest States to Live,” Kentucky is ranked 10th thanks to low business costs (ranked 3rd) and a low cost of living (ranked 10th). The state also graded high for low costs to retail consumers.
Is it cheaper to live in KY or TN?
In terms of utilities, healthcare, and transportation, Tennessee ranks ninth versus the national average. The average cost of living in areas like New Jersey and Morristown is 13% lower than the US average. Tennessee’s cost of living is 10.7% more expensive than Kentucky.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is Kentucky a nice state to live?
Is Kentucky a Good Place to Live? Kentucky is an excellent place to live if you’re looking for affordable home prices, a low cost of living, delicious bourbon, top-tier national and state parks, southern friendliness, and did we mention good bourbon!
How much are groceries 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 |
|---|---|---|
| Grocery | 94.2 | 100 |
| Health | 93.9 | 100 |
| Housing | 63.3 | 100 |
| Median Home Cost | $165,900 | $291,700 |
How much is the average utility bill in Kentucky?
Average Utility Costs in Kentucky: $401 per month
Utility expenses will take a bite out of your monthly budget.
What is the average electric bill in Kentucky?
about $118.60 each month
The average household in Kentucky pays 10.58¢ per kWh (as of September 2019). The average household in Kentucky uses 1,121 kWh per month. So, the average household electricity bill in Kentucky is about $118.60 each month.
What is the average electric bill in Louisville Ky?
On average, a household consumes 1,130kWh/month. How much does electricity cost in Louisville? The average cost of electricity in Louisville is $90 per month.
What is the most expensive utility?
Hawaii: The biggest culprit in Hawaii is electricity, which ranks as the most expensive in the United States. Electricity costs an average of $168.21 monthly.
How much are utilities in Lexington KY?
On average, a household in Kentucky consumes 1130 kWh/month. How much does electricity cost in Lexington, KY? The average cost of electricity in Lexington, KY, is $102 per month.
What is the average water bill in Louisville Ky?
The Board of Water Works approved Louisville Water’s budget for the new year, and starting Jan. 1, 2020, new water rates apply. The average cost for a household using 4,000 gallons of water a month will increase 85 cents to $24.01.
How many days in a row can you work without a day off in Kentucky?
Kentucky overtime law requires that all employees who have worked seven days in a row be paid time-and-a-half pay for all hours worked on the seventh day (with a few exceptions).
Who has the highest minimum wage?
The 10 States with the Highest Minimum Wage Rates in 2022
- Maine $12.75 (tie)
- Arizona $12.80.
- New Jersey $13 (tie)
- Connecticut $13 (tie)
- New York $13.20.
- 8. California $14.
- Massachusetts $14.25.
- Washington $14.49. Washington has been a leading state when it comes to high minimum wages for quite some time.
What state has lowest minimum wage?
Mississippi. No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.