Housing costs in Independence?
A typical home costs
$280,800, which is 16.9% less expensive than the national average of
$338,100 and 44.5% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Independence costs
$1,310 per month, which is 42.4% more than the national average of
$920 and 16.8% more than the state average of
$1,090.
Can I afford Independence?
To live comfortably in Independence (zip 41051), Kentucky, a minimum annual income of
$53,640 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Independence?
The cost of living in 41051 Independence, KY is relatively low compared to the rest of the country. The median housing price in Independence is $133,400, which is well below the national median of $184,700. Additionally, the cost of groceries and healthcare are lower than average when compared to other cities across the United States. This makes it an attractive option for those looking to save money on everyday expenses while still having access to a variety of amenities. Furthermore, with its close proximity to Louisville and Cincinnati, residents have access to even more cultural activities without having to pay exorbitant prices for them. All these factors make 41051 Independence a great place for those looking for an affordable home and lifestyle.