Cost of Living in Leitchfield, KY

Housing

The housing market plays a significant role in determining the cost of living in Leitchfield, KY.

• Housing Index: 90.0 / 100
• Median Home Price is: $159000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1280 per month

Considering a move to Leitchfield, KY? With a housing index of 90.0, the market appears reasonably accessible for potential homeowners. The median home price is 159000, which is quite competitive compared to national averages, making it an attractive option for buyers. Renters can expect to pay an average of 1200 for a 2-bedroom apartment and 1280 for a house, indicating a balanced rental market. Overall, the cost of living aligns well with housing options, suggesting a feasible transition for new residents.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Leitchfield, 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.): $200 per month

Living in Leitchfield, 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 200 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 98.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $43214

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Leitchfield, KY, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.