Cost of Living in Olympia, KY
Housing
The housing market plays a significant role in determining the cost of living in Olympia, KY.
- Housing Index: 100 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
Considering a move to Olympia, KY? The housing index currently stands at 100, indicating various factors affect its market dynamics. While the median home price of 150000 is relatively affordable, the absence of data for average rent on both 2BR apartments (1350) and houses (1467) might suggest a burgeoning market or limited rental availability. It’s vital to investigate the local economy, job opportunities, and community amenities to fully grasp the cost of living and overall quality of life in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Olympia, 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 Olympia, 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 Olympia is a financially viable option for your relocation.