The 10 Cheapest Places to Live in Kentucky
- Princeton. According to Home Snacks, the cheapest place to live in Kentucky is Princeton, which is a small city in western Kentucky that is home to 6,116 people.
- Flatwoods.
- Bardstown.
- Dayton.
- Russellville.
- Hazard.
- Harrodsburg.
- Bellevue.
Is Kentucky affordable to live?
Kentucky has about a 21% cheaper cost of living than any other state. The friendly people and the beautiful countryside make it a desirable place to call home. Each of these towns is recognized for the reasonable housing, pleasant environment and peaceful surroundings.
Is Ky a cheap state to live in?
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.
Where is the cheapest rent in Kentucky?
The cheapest cities in Kentucky for renters
- Fairdale.
- Fort Mitchell.
- Lexington. Average 1-BR rent price: $896.
- Taylor Mill. Average 1-BR rent price: $960.
- Fort Thomas. Average 1-BR rent price: $966.
- Bowling Green. Average 1-BR rent price: $974.
- Florence. Average 1-BR rent price: $1,058.
- Louisville. Average 1-BR rent price: $1,108.
Is it cheaper to live in TN or KY?
Tennessee’s cost of living is 10.7% more expensive than Kentucky.
Where in Kentucky should you not live?
According To FBI Statistics, These Are The 10 Most Dangerous Cities In Kentucky
- Paducah. Paducah, KY, USA.
- Mayfield. Mayfield, KY 42066, USA.
- Oak Grove. Oak Grove, KY, USA.
- Bowling Green. Bowling Green, KY, USA.
- Campbellsville. Campbellsville, KY 42718, USA.
- Newport. Newport, KY 41071, USA.
- Shively. Shively, KY, USA.
- Owensboro.
Where is the cheapest place to buy a house in Kentucky?
The most affordable places to buy a home in Kentucky
- Princeton, Kentucky.
- Central City, Kentucky.
- Hebron, Kentucky.
- Flatwoods, Kentucky.
- Hillview, Kentucky.
- Elsmere, Kentucky.
- Burlington, Kentucky.
- Independence, Kentucky.
What is the safest city in Kentucky?
Safest Cities in Kentucky, 2019
| Rank | City | Safety Index |
|---|---|---|
| 1 | Somerset | 1.08 |
| 2 | Madisonville | 0.73 |
| 3 | Lawrenceburg | 0.5 |
| 4 | Fort Thomas | 0.43 |
How much money do you need to make to live in Kentucky?
How Much Money Do You Need to Live Comfortably in Kentucky? According to MIT’s Living Wage Calculator, the average single, childless individual working a standard 40-hour work week 52 weeks a year needs to earn $13.48 per hour, or $28,038 a year, to qualify for a living wage.
How much money do I need to live in Kentucky?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $26,055 | $63,320 |
| Annual taxes | $6,092 | $14,805 |
| Required annual income before taxes | $32,147 | $78,125 |
Is it cheaper to live in Indiana or Kentucky?
Indiana is 3.7% more expensive than Kentucky.
Is it cheaper to live in Kentucky or Missouri?
Missouri is 6.0% more expensive than Kentucky.
Is Kentucky an expensive state to live in?
The cost of living is 11.4% lower in Kentucky than the U.S. average.
What state has the 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.
Why would I move to Kentucky?
Kentucky has a low cost of living
Housing, transportation, utilities, and healthcare are more affordable in Kentucky than in the neighboring states.
What are the benefits of living in Kentucky?
My top 10 pros and cons of moving to Kentucky are:
- Low cost of living.
- Good tax breaks for some.
- Tasty regional foods and drinks.
- Abundant outdoor adventures.
- Variety provided by 4 season weather.
- Risks of extreme weather.
- High income and sales taxes.
- Lower quality K-12 education.
Where is the best place to live in Kentucky?
A new report says that Fort Thomas is the best place to live in Kentucky. It wasn’t the only local city to make the list.
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.
What are the 10 worst cities in Kentucky?
The 20 Worst Places to Live in Kentucky
- Covington, Kentucky.
- Murray, Kentucky.
- Pikeville, Kentucky.
- Oak Grove, Kentucky.
- Bowling Green, Kentucky.
- Shively, Kentucky.
- Frankfort, Kentucky.
- Radcliff, Kentucky. Radcliff is a small town that has made the most dangerous cities list in the state, according to Only In Your State.
Should I move to Kentucky?
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!
What is the property tax in Kentucky?
11.9 cents per $100
(July 6, 2021)—The Kentucky Department of Revenue (DOR) has set the 2021 State Real Property Tax Rate at 11.9 cents per $100 of assessed value.
Where does it snow most in Kentucky?
Florence is the snowiest city in Kentucky and can accumulate up to 18.7 inches (474.98 millimeters) of snow in a year.