Cost of Living in Glencoe, KY
Housing
The housing market plays a significant role in determining the cost of living in Glencoe, KY.
- Housing Index: Data is updating
- Median Home Price is: $235,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Moving to Glencoe, KY, could be a viable option with a median home price of 235000. While the housing index is currently at 0, indicating a potential lack of urgency in the market, it may offer an opportunity for buyers seeking long-term investments. However, anticipate the average rent for a 2-bedroom apartment and house as currently unavailable, which might reflect limited rental options. This unique scenario may appeal to those looking to buy rather than rent, ensuring stable housing if overall prices in the area are projected for growth. Consider all facets before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Glencoe, KY.
- Electricity Price: $12.87 USD (median by state)
- Natural Gas Price: $22.78 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Glencoe, KY could entail higher utility costs. Electricity costs sit at $12.87, while natural gas is priced at $22.78 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Glencoe is a financially viable option for your relocation.