Cost of Living in Irvine, KY
Housing
The housing market plays a significant role in determining the cost of living in Irvine, KY.
- Housing Index: 100 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
When considering a move to Irvine, KY, it's important to examine the local housing situation. With a housing index of 100, it indicates that housing may be more affordable compared to the national average. The average rent for a 2-bedroom apartment at 1350 and a 2-bedroom house at 1467 offers reasonable living options. However, note that the median home price stands at 0, suggesting limited availability for traditional home purchasing. Overall, if rental options align with your budget, Irvine, KY could prove to be a viable choice for relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Irvine, 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 Irvine, 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 Irvine is a financially viable option for your relocation.