Housing costs in Loyall?
A typical home costs
$54,100, which is 84.0% less expensive than the national average of
$338,100 and 72.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Loyall costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 37.3% cheaper than the state average of
$920.
Can I afford Loyall?
To live comfortably in Loyall, Kentucky, a minimum annual income of
$10,440 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Loyall?
The cost of living in Loyall, KY is relatively low compared to other cities. The median home price is one of the most affordable in the region at around $95,000, and the median household income of $41,899 is also much lower than the U.S. average of $60,293. Additionally, residents enjoy low taxes and utility costs. In terms of transportation expenses, gas prices are 11% lower than the national average and public transit is not widely available – making it easy to keep commuting costs low as well. With such a low cost of living, those who live in Loyall can easily make ends meet and even have extra money for leisure activities or saving up for bigger purchases like a home renovation or vacation.