Cost of Living in Petersburg, KY
Housing
The housing market plays a significant role in determining the cost of living in Petersburg, KY.
- Housing Index: 100 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
Considering a move to Petersburg, KY? The housing index is currently at 100, which may suggest a favorable environment for potential buyers or investors. With a median home price of 250000, properties in this area may present affordable opportunities. However, keep in mind that both the average rent for a 2-bedroom apartment and the average rent for a 2-bedroom house are zero, which could signal a lack of rental properties or market activity. Researching local amenities, schools, and job availability will provide a more holistic view before deciding to relocate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Petersburg, 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 Petersburg, 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 Petersburg is a financially viable option for your relocation.