Cost of Living in Hebron, KY
Housing
The housing market plays a significant role in determining the cost of living in Hebron, KY.
- Housing Index: 100 / 100
- Median Home Price is: $325,000
- Average Rent (2 BR Apartment): $1898 per month
- Average Rent (2 BR House): $2063 per month
When considering a move to Hebron, KY, take note of the housing index, which stands at 100. This indicates a relatively competitive housing market. The median home price of 325000 showcases a substantial investment for homebuyers, while renters should anticipate average costs of 1898 for a 2-bedroom apartment and 2063 for a 2-bedroom house. Additionally, it’s essential to factor in local amenities, schools, and commutes, as they can greatly impact overall satisfaction and long-term value in Hebron.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hebron, 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 Hebron, 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 Hebron is a financially viable option for your relocation.