Cost of Living in Bradfordsville, KY
Housing
The housing market plays a significant role in determining the cost of living in Bradfordsville, KY.
- Housing Index: 100 / 100
- Median Home Price is: $138,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
Based on the provided data for Bradfordsville, KY, the housing market seems to be quite favorable. With a median home price of 138000, homeownership appears accessible. However, the lack of figures relating to housing index and average rents for both 2-bedroom apartments and houses indicates a potential gap in rental market information. Understanding local demand and supply is critical, as low rent prices may attract more newcomers, while a balance between home sales and rentals is vital for community stability. Proper research and consideration of these elements are essential before making a relocation decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bradfordsville, KY.
- Electricity Price: $12.87 USD (median by state)
- Natural Gas Price: $22.78 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $225 per month
Living in Bradfordsville, KY could entail higher utility costs. Electricity costs sit at $12.87, while natural gas is priced at $22.78 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $225 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bradfordsville is a financially viable option for your relocation.