Cost of Living in Owingsville, KY
Housing
The housing market plays a significant role in determining the cost of living in Owingsville, KY.
- Housing Index: Data is updating
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Owingsville, KY, the housing landscape appears compelling. With a housing index of 0.0, the median home price of 100000 is substantially lower than many national averages, suggesting an affordable entry point for potential homeowners. Although current data shows zero average rents for both 2-bedroom apartments and houses, it's crucial to research local market trends, as rental prices may fluctuate. Additionally, considering factors such as the local job market, school ratings, and community amenities will enhance your decision-making process and help you evaluate long-term residency in this location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Owingsville, 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 Owingsville, 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 Owingsville is a financially viable option for your relocation.