How Much Does It Cost To Live In Louisville Ky?

Louisville cost of living is 88.4

COST OF LIVING Louisville Kentucky
Health 86 93.9
Housing 69.6 63.3
Median Home Cost $206,900 $165,900
Utilities 92.8 92.9

Is it expensive to live in Louisville Kentucky?

Summary about cost of living in Louisville, KY, United States: Family of four estimated monthly costs are 3,270$ without rent. A single person estimated monthly costs are 931$ without rent. Louisville is 31.98% less expensive than New York (without rent).

How much do you need to make to live in Louisville?

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.

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Is Louisville KY a cheap place to live?

Kentucky
Across the board, Kentucky’s living costs are lower than the U.S. average. In several areas of the Bluegrass state, like certain parts of Louisville for instance, you can find areas where there are fairly priced groceries and utilities.

What is a good salary in Louisville Ky?

Full Time Salary in Louisville, KY

Annual Salary Monthly Pay
Top Earners $57,217 $4,768
75th Percentile $31,682 $2,640
Average $49,483 $4,123
25th Percentile $23,643 $1,970

What is the cheapest state to live in?

Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

Is Louisville good place to live?

If you are making the move to Louisville or are thinking about relocating here in the future. It’s safe to say that Louisville is a great place to live, work, and play. With the population on a constant rise, year after year, you will be sure to make new friends on your new journey.

How cold does Louisville Kentucky get?

Over the course of the year, the temperature typically varies from 28°F to 88°F and is rarely below 12°F or above 94°F.

Is Kentucky expensive to live in?

An amount below 100 means Kentucky is cheaper than the US average. A cost of living index above 100 means Kentucky, Kentucky is more expensive.
Kentucky cost of living is 83.6.

COST OF LIVING Kentucky United States
Overall 83.6 100
Grocery 94.2 100
Health 93.9 100
Housing 63.3 100
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What is the average wage in Kentucky?

Among the 117 smaller counties in Kentucky—those with employment below 75,000—Hancock ($1,332) reported an average weekly wage above the national average of $1,289.

Area Employment March 2021 Average weekly wage(1)
United States(2) 140,455,819 $1,289
Kentucky 1,835,209 965
Adair 4,360 650
Allen 4,543 712

Is it cheaper to live in KY or TN?

Cost of Living
Living expenses in Kentucky are lower than the national average. The most significant contributor to these low living costs is housing, which has 63 points compared to the national average of 100points. These figures also mean it’s the more cost-effective option between it and Tennessee.

Where should I not live in Louisville Ky?

Most Dangerous Neighborhoods In Louisville, KY

  • Hallmark. Population 480. 331 %
  • Shawnee. Population 10,746. 312 %
  • Jacobs. Population 5,276. 295 %
  • Park Duvalle. Population 4,085. 223 %
  • Limerick. Population 1,217. 203 %
  • Iroquois. Population 4,592. 182 %
  • Wyandotte. Population 3,836. 165 %
  • Iroquios Park. Population 1,361. 118 %

What are the pros and cons of living in Kentucky?

Pros And Cons Of Living In Kentucky

  • Low cost of living.
  • Good tax breaks for some.
  • Tasty regional foods and drinks.
  • Abundant outdoor adventures.
  • Variety provided by 4 season weather.
  • Risks of extreme weather.
  • High income and sales taxes.
  • Lower quality K-12 education.

What is the average pay in the US?

What is the average American Wage? The average annual wage in 2019 in the US was $51,916.27, and the median annual wage was $34,248.45. The median wage is the wage “in the middle,” while average refers to the measure of central tendency for all the data.

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What is the best state to live in financially?

Overall ranking of best states for your finances

Rank State Score
1 Tennessee 4.33
2 Utah 4.45
3 Idaho 4.59
4 Arkansas 4.91

What city has the lowest cost of living?

Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.

What state in the US has the cheapest rent?

Cheapest State for Rent in the US
The least expensive state for rent is West Virginia with an average rent price of $800.

Is Louisville a safe city?

Generally speaking, Louisville is a relatively safe area. The city’s crime rate is just below the national average. But when compared to other large metropolitan areas, Louisville is one of the safest large cities in the country.

Does it snow a lot in Louisville Ky?

Louisville averages 9 inches of snow per year.
The US average is 28 inches of snow per year.

What is the racial makeup of Louisville Ky?

Louisville Demographics
White: 69.92% Black or African American: 23.60% Asian: 2.67% Two or more races: 2.56%

Are there tornadoes in Louisville Kentucky?

Louisville tornado
The first tornado was confirmed Thursday morning and the NWS found it touched down in the Louisville Metro, west of Bardstown Road in the Glenmary subdivision of Fern Creek. Photos from the area show houses with siding ripped off and plenty of roof and tree damage. The NWS says it was an EF1 tornado.