Cost of Living in Fordsville, KY
Housing
The housing market plays a significant role in determining the cost of living in Fordsville, 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
Considering a move to Fordsville, KY? With a housing index of 100, the market seems to be quite favorable for potential homeowners. The median home price of 140000 offers a great entry point for buyers, although it's important to weigh this against the rental market. Currently, average rents for a 2-bedroom apartment is 1350 and a 2-bedroom house is 1467. Before making your decision, research local amenities, job opportunities, and community aspects to ensure a well-rounded choice for your move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fordsville, 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 Fordsville, 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 Fordsville is a financially viable option for your relocation.