Cost of Living in London, KY
Housing
The housing market plays a significant role in determining the cost of living in London, KY.
- Housing Index: Data is updating
- Median Home Price is: $197,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to London, KY, the current data indicates a housing index of 0.0, with a median home price of 197000. However, both the average rent for a 2-bedroom apartment and a 2-bedroom house are currently reported as $0, which may hint at an incomplete dataset. It's vital to delve deeper into the rental market, as additional factors such as local job opportunities, community amenities, and school quality also impact your living experience. Knowing the overall cost of living and average salaries in the area will help support your decision-making process further.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in London, 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 London, 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 London is a financially viable option for your relocation.