Cost of Living in Oak grove, KY
Housing
The housing market plays a significant role in determining the cost of living in Oak grove, KY.
- Housing Index: 100 / 100
- Median Home Price is: $182,000
- Average Rent (2 BR Apartment): $1129 per month
- Average Rent (2 BR House): $1227 per month
Based on the data provided for Oak grove, KY, the housing index of 100 indicates that the area is relatively affordable compared to national averages. With a median home price of 182000, first-time homebuyers may find this appealing. The average rent for a 2-bedroom apartment at 1129 and for a house at 1227 suggests a competitive rental market. In context, the area's housing options cater to various lifestyles, making it an attractive consideration for both renters and homebuyers. Be sure to evaluate local amenities and public services when deciding to move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oak grove, 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 Oak grove, 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 Oak grove is a financially viable option for your relocation.