Housing costs in Frakes?
A typical home costs
$68,400, which is 79.8% less expensive than the national average of
$338,100 and 64.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Frakes costs
$600 per month, which is 58.0% cheaper than the national average of
$1,430 and 53.3% cheaper than the state average of
$920.
Can I afford Frakes?
To live comfortably in Frakes (zip 40940), Kentucky, a minimum annual income of
$12,960 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Frakes?
40940 Frakes, KY is known for its low cost of living compared to many other cities in the US. The median home price in 40940 is just under $90,000, and rent prices are typically lower than the US average. Grocery prices are also well below average, with many locals taking advantage of bulk buying stores. Utilities such as electricity and gas are slightly more expensive than other states but remain reasonable overall. In summary, 40940 Frakes, KY is an affordable place to live and offers a great quality of life for those on a tight budget.