Cost of Living in Calhoun, KY

Housing

The housing market plays a significant role in determining the cost of living in Calhoun, KY.

  • Housing Index: 100 / 100
  • Median Home Price is: $140,000
  • Average Rent (2 BR Apartment): $1350 per month
  • Average Rent (2 BR House): $1467 per month

Based on the data for Calhoun, KY, the housing index stands at 100, suggesting that affordability is relatively favorable compared to the national average. The median home price is appealing at 140000, which may indicate a strong opportunity for first-time homebuyers. Monthly rents for a 2-bedroom apartment and house are recorded at 1350 and 1467, respectively. These figures suggest a competitive rental market, potentially reflecting a desirable community. Overall, consider both these housing alternatives based on budget and lifestyle preferences before making a move.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Calhoun, 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 Calhoun, KY could entail higher utility costs. Electricity costs sit at $12.87, while natural gas is priced at $22.78 per Thousand Cubic Feet β€” 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 Calhoun is a financially viable option for your relocation.

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