Housing costs in Morganfield?
A typical home costs
$136,800, which is 59.5% less expensive than the national average of
$338,100 and 29.6% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Morganfield costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 10.8% cheaper than the state average of
$920.
Can I afford Morganfield?
To live comfortably in Morganfield (zip 42437), Kentucky, a minimum annual income of
$26,280 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Morganfield?
Living in 42437 Morganfield, KY is quite affordable. On average, housing costs are relatively low compared to the national median. The cost of living index for the zip code is 81.2, which is lower than the U.S. average of 100. Additionally, there are no state income taxes and food costs 5% lower than the national average. With its close proximity to larger cities and amenities like entertainment and shopping, Morganfield provides a great balance of affordability and convenience for residents.