Cost of Living in Breeding, KY
Housing
The housing market plays a significant role in determining the cost of living in Breeding, KY.
- Housing Index: 100 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
Considering a move to Breeding, KY? The current housing index stands at 100, indicating an affordable market relative to some urban areas. With a median home price of 150000, buying could be a viable long-term investment. However, the absence of rental data with average rents for a 2BR apartment and house at 1350 and 1467 suggests potential fluctuations in the rental market that might fetch higher prices. This makes purchasing a home more appealing, especially for families looking for stability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Breeding, 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 Breeding, 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 Breeding is a financially viable option for your relocation.