Housing costs in Owensboro?
A typical home costs
$181,000, which is 46.5% less expensive than the national average of
$338,100 and 6.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Owensboro costs
$950 per month, which is 3.3% more than the national average of
$920 and 2.1% more than the state average of
$930.
Can I afford Owensboro?
To live comfortably in Owensboro (zip 42303), Kentucky, a minimum annual income of
$34,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Owensboro?
The cost of living in 42303 Owensboro, KY is quite reasonable. According to BestPlaces, the cost of living index for this zip code is reported to be 74.3, which is 11% lower than the national average. Housing costs are particularly affordable, with monthly rent for a one-bedroom apartment estimated at around $550. Basic utilities such as electricity and internet also tend to be quite affordable, with prices coming in below the national average. Prices for food and grocery items are also generally quite low in comparison to other areas of the country. In general, 42303 Owensboro offers residents an excellent cost of living without compromising on quality or amenities.