Housing costs in Spencer?
A typical home costs
$314,500, which is 7.0% less expensive than the national average of
$338,100 and 61.9% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Spencer costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 12.4% more than the state average of
$920.
Can I afford Spencer?
To live comfortably in Spencer Kentu County, Kentucky, a minimum annual income of
$60,120 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Spencer?
Spencer, KY County has a median house value of $314500, which is lower than the US average of $338,100. Additionally, it has a cost of living of 95.2 which is lower than the US average of 100. This means that living in Spencer, KY County is more affordable in comparison to the rest of the United States. The lower cost of living makes it an attractive option for those looking for a more economical place to call home.