Cost of Living in Virgie, KY
Housing
The housing market plays a significant role in determining the cost of living in Virgie, KY.
- Housing Index: 100 / 100
- Median Home Price is: $83,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1467 per month
In Virgie, KY, the housing data reveals a median home price of 83000 with no available data for the housing index or average rents for both 2-bedroom apartments and houses. This indicates a potentially low rental market or an emerging real estate area. If you’re considering a move, owning may be significantly cheaper than renting, especially if average rents fall in line as the market stabilizes. Investing in homeownership could yield long-term benefits in Virgie—an area worth exploring for budget-conscious buyers. Be sure to investigate local amenities and lifestyle options to enrich your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Virgie, 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 Virgie, 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 Virgie is a financially viable option for your relocation.