Cost of Living in Central city, KY
Housing
The housing market plays a significant role in determining the cost of living in Central city, KY.
- Housing Index: 100 / 100
- Median Home Price is: $117,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
With a population of , Central city, KY offers a vibrant community marked by a median age of . The region's median income sits at , though it's essential to note that around % of residents live below the poverty line. A significant 38% of families are married, indicating a stable family structure. Furthermore, the unemployment rate of % suggests a relatively strong job market. When considering a move, weigh these factors to determine if Central city aligns with your vision for a new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Central city, 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 Central city, 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 Central city is a financially viable option for your relocation.