Cost of Living in Upton, KY
Housing
The housing market plays a significant role in determining the cost of living in Upton, 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 the current data for Upton, KY, we see a promising landscape with a median home price of 150000. While the housing index currently shows no activity, this may indicate an emerging market with potential for appreciation in value. Additionally, the absence of average rent for a 2BR apartment and house suggests a unique opportunity for buyers who prefer ownership over rental options. This could provide stability and equity accumulation in the long-run. It’s essential to explore the local amenities and job market to make an informed decision for your move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Upton, 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 Upton, 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 Upton is a financially viable option for your relocation.