Is rent high in Kentucky?
The national average rent for a one-bedroom apartment in 2020 was $1,098 per month. The median rent in Kentucky is $763 per month, the fourth-lowest in the country behind West Virginia, Arkansas and South Dakota. However, the same average price in Lexington is $999 per month and is $1,034 per month in Louisville.
What salary do you need to live in Louisville Ky?
In Louisville, the same family structure — two kids and two adults — would need at least $60,700 in order to live a “secure, yet modest living,” according to the report. The study takes into account costs associated with housing, food, child care, transportation, health care, taxes and other necessities.
What is the cost of living in Louisville Ky?
Louisville cost of living is 88.4
| COST OF LIVING | Louisville | Kentucky |
|---|---|---|
| Grocery | 97 | 94.2 |
| Health | 86 | 93.9 |
| Housing | 69.6 | 63.3 |
| Median Home Cost | $206,900 | $165,900 |
What is minimum wage in Louisville?
$10 dollars
The minimum wage would go from $7.25 to $10 dollars in 2022, and gradually rise to $15 by 2026.
Why do people move to Louisville?
Ranked by Trulia.com as the 3rd Most Affordable Place to Live in the US – Louisville is truly a city for all. Beyond iconic brands like KFC, Maker’s Mark and Louisville Slugger, we’re also a Top 10 Food City. We’re passionately independent, progressively friendly, and an always welcoming city.
How much do you need to live comfortably in Louisville Ky?
How much are groceries per month in Kentucky?
Groceries & Food If Kentucky’s average monthly cost for non-restaurant food and groceries is $3,581, that’s $298.42 a month. With the notable exceptions of Virginia and North Carolina, the majority of the Southeast enjoys below-average food and grocery costs.