For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Choose to move in comfort rather than dealing with all the heavy lifting. Utility costs Transportation costs Healthcare costs Goods and services costs Tax rates How much do you need to earn to live in Kentucky? $1,239 - 1,979. Pricing for various packages can vary a lot even in the same location. MLS #23010532. Towels, soap, a few basic kitchen utensils and food items like crackers, tea, juice, will make your new location functional as soon as you arrive and fell more like home. On average, Kentuckys health insurance premiums are $470. It keeps more cash in their pockets for classic Louisville activities like cheering on the Cardinals at football and basketball games or sipping Kentucky bourbon at local distilleries. If you enjoy history, another neighborhood to consider is the Paris community. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Known as the "Horse Capital of the World," it is the heart of the state's Bluegrass region. Once you organize your results by price, youll begin to hone in more on the market for these areas and further tailor the results to your liking. WebFIFTEEN51 Apartments. Meredith Howard is a service journalist with the Belleville News-Democrat. Since Lexington, Kentucky, is a temperate climate with mild winters, the heating bill tends to be lower, allowing you to spend less on utilities. Virtual Tour. TARC has several different fare structures. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Stoney Brooke Apartments. (859) 710-6395. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE. Read more from, Lexington, Kentucky going out to eat at a restaurant and buying food is considered to be affordable. . If you find that the housing costs in your destination city is much higher than where you are now, it would be a good idea to research some nearby locations to find lower rents and mortgage rates. Housing costs in Kentucky sit well below the national average. A one-bedroom apartment costs an average of $1,254 per month. More traffic means more gas spent. One of the most important aspects to a good quality of life is good healthcare. Comparisons improve with every new data that you enter. Web49 Apartments for Rent. Download the Rent. Its easy to see low or affordable average healthcare costs and get excited. But cities still offer affordable and far-reaching public transit options. $1,382 - 3,073. Apartments in Lexington Work and Study Videos. The entire system has nearly 900 different stops around town. Lexington is very competitive. The primary electricity supplier is Kentucky Utility (KU), which is based in the city. Discover what the cost of living is in Lexington, Kentucky before you make your move. In addition, sales tax in Kentucky is the sum of state, county, and city sales taxes. Unlike commercials or magazine ads, you cannot flip the channel or turn the page on a billboard. The estimated average annual cost for child care in Lexington, Kentucky (based on state average), is $6294. lower The federal minimum wage is $7.25 per hour while Kentucky's state law sets the minimum wage rate at $7.25 per hour in 2023. Median rent in zip code 40503 has increased by more than $140 in just one month, from $1,157 in April 2022 to $1,300 in May. Planning a move to another town, city or state? Garden Estates. The average cost of internet access in the U.S. is $66.20 per month. Luckily, Kentucky is, by and large, a very affordable place to live. Riders can also transfer within two hours of paying upon boarding. With most costs of living categories falling under the national average, various cities and towns in Kentucky are bound to fit a wide range of budgets. Search Lexington apartments for rent on Zumper and get settled into your new home. Web$310,000 +4.0% United States To compare other locations to the Lexington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. As the fifth-biggest coal producer in the United States, the majority of the states energy comes from coal. View rent, amenities, features and contact 1325 Gray Hawk Rd - 2 leasing But Kentucky locals can expect to pay less than the national average for care. So, youre only paying 6 percent sales tax no matter where you are in the state. Rent prices are up across the nation, and one Lexington areas costs have increased by more than 40% since May 2021, according to RentHub data. The rule of thumb is not to spend more than 30% of your total income on housing. If you share a house or apartment with a roommate, the costs go down substantially, but Lexington is still affordable when renting alone. In her free time, she enjoys traveling, hiking, reading and spoiling her cat. Cost of Living Kentuckys overall state sales tax is 6 percent. Heres how rent costs have jumped in Lexington, KY zip codes from May 2021 to May 2022, according to RentHub. In general, in the past year, rental costs in Lexington have increased slightly by approximately 0.1%. The citys walk score is 53. 3500 Beaver Place Rd, Lexington, KY 40503. Despite the low cost and various routes, public transit in Lexington is only ranked 33. Taking your furry best friend to get checked up at the vet costs around $61.67 in Louisville and $60.37 in Lexington. A single one-way ride on a Lextran bus costs $1.00, with free transfers valid for 90 minutes. Timing is everything, connect with people weeks before they move, Become a trusted vendor in your service area, Extend your customer relationship with your own branded moving platform, Home United States Moving tips Cost of Living in Lexington, KY 2023. This is $700 less than the national median. If you wish to report an issue or seek an accommodation, please let us know. In Lexington,KY, the median rent for a 1 bedroom apartment is $663, and for a 2 bedroom apartment is $850. Lexington is a beautiful city to experience southern hospitality. From its quality healthcare to its history, rich art, and culture to the friendly people, affordable housing, and scenic natural environments. Zillow, Inc. holds real estate brokerage licenses in multiple states. Its recommended you see your general care physician at least once a year. In addition, sales tax in Kentucky is the sum of state, county, and city sales taxes. EV Charging Dog & Cat Friendly Fitness Center Pool Dishwasher Refrigerator Kitchen In Unit Washer & Dryer. You want to make enough money to take advantage of all the fun things to do while also paying for your essentials like housing and groceries. How much less varies by city: One of the reasons healthcare costs are lower is because Kentucky hospitals are frequently ranked as some of the best in the region. While these rates may look good compared to other big cities, theres a catch. According to the U.S. Census, the median household income in Kentucky is $52,238. The monthly cost of rent in that area has leaped to $1,599. See how it stacks up to other states, median rent in Lexington is $922 for a studio, After five years, Lexington and historic Black church ink final deal over parking, Can I leave my child home alone in Kentucky during summer break? View future changes in the minimum wage in your location by visiting, If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your, If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your. Waterstone at Hamburg. This is a 28% increase compared to the previous year. $-716.3 Explanation The cost of living in Lexington, KY is -2.4% lower than in Indianapolis, IN. 2023 RentGroup Inc. All rights reserved.Terms of ServiceandPrivacy Policy. This article breaks down the cost of living in different areas around Kentucky to help you make educated choices about where to live. Web287 Rentals Videos | Virtual Tour studios180 - ALL Utilities & Extras Incl!!! This is good news for locals of this friendly and fun-loving city. Brokerage. Plan on packing a special bag to take with you with those items that you will need first. 180 N Martin Luther King Blvd, Lexington, KY 40507 $1,145 - $1,745 | Available Now Email (859) 800-7556 WebThe cost of living in Kentucky State is generally considered to be quite affordable. All Rights Reserved. WebPortable Toilet Rental $175 - $275 Per Weekend ADA Handicap Accessible Portable Restroom Rental $225 - $295 Per Weekend Special Event / Deluxe / VIP Porta Potty Rental $395 - $795 Per Weekend Portable Toilet Rentals Near Lexington, Kentucky Rumpke Portable Restrooms 217 Woodland Avenue Lexington, KY 40502 Easy Porta Potty Rental Lexington 175 N Mt Tabor Rd, Lexington, KY 40509. There are many benefits to living in Kentucky. WebWhat We Offer Billboard rentals in Lexington, KY are the ultimate way to shine light on your business. knowledge handy before you move can help set expectations or help you decide to move somewhere else. Regardless of what amenities you prefer, youll also want to look at potential expenses, including food, dining out, and other activities. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. Lexington police charge man in connection to deadly crash on New Circle Road, Lexington Fire Department conducts high water rescues after heavy rain. Consider the miscellaneous category the catch-all for all other expenses, like the price of groceries, office supplies, clothing, vet services and more. How many available rentals are there in Lexington, KY? Lexington, KY. Summary of cost of living in Lexington, KY, United States: Copyright 2009-2023 Numbeo. How much is your home worth? With higher gas prices and more areas to cover, it stands to reason why prices are higher here. of gross receipts or purchase price. Electric costs in Lexington,KY are currently the fourth lowest when compared to other states. The latest migration analysis is based on a sample of about two This makes Lexington a great option for those on a budget and people who love the Universityof Kentucky, horses, and bluegrass music. If you love big-city life, Kentucky isnt for you. Louisvilles housing market has seen some growth over the past year, going up 11.4 percent from the previous year. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Best Credit Cards for International Travel. 1. 10 Gorgeous Apartment Courtyards and Gardens in D.C. 10 Gorgeous Apartment Courtyards and Gardens in New Orleans, Do Not Share or Sell My Personal Information, Lexington has a combined tax rate of 6 percent, Louisville has a combined tax rate of 6 percent. Same as with Lexington, though, the average cost of rent is going up. If you plan to drive to work, also do some research on average traffic in your destination town or city. How much does entertainment cost in Lexington, KY? 5. The median price for a home here is $297,000. The cost of living in Lexington, KY is 3.22% Why wasnt the Louisville mens basketball team included in the first SEC/ACC Challenge? Do you do yoga? Winning offer was all cash offer that could close within 10 days. Lexington is considered the Horse Capital of the World and its horse racecourses include the Kentucky Horse Park, The Red Mile, and Keeneland. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. Start your search for apartments in University of Kentucky, Lexington, KY now. Compared to last year, the average rent See apartments for rent at 1325 Gray Hawk Rd - 2 in Lexington, KY on Zillow.com. Income taxes are higher in some states than in others. In fact, the U.S. News and World Report named Lexington, Kentucky, one of their top 25 places to live. The restaurant was previously located in the Julietta Market in Greyline Station. What state law says, Will incoming storms help clear hazy skies in Kentucky? In Lexington, the amount is nearly halved to $538.88. The A single ride with a MyTARC card on an Express Route is $2.50. According to a scale for the cost of living where 100 is the average cost, Lexington rates 89.1, cheaper than the U.S. average. Louisville is a big car city and is a big, spread-out city in general. When looking for an apartment in Lexington, consider the amenities you might need, neighborhood, and your average daily commute to work. Public transit around town has a transit score of only 33. Zoe Baillargeon is an award-winning writer and journalist based in Portland, Oregon, where she covers a variety of beats including travel, food and drink, lifestyle and culture for outlets like Apartment Guide, Rent., AFAR.com, Fodors, The Manual, Matador Network and more. Roughly 69 percent of the electricity generated was coal-powered. Discover The Most Expensive Neighborhoods in Lexington The most Expensive Neighborhoods in Lexington are Liberty Area where the average rent can go for $1,423/month, and North Upper Street , where the average It also has one of the most stable economies in the country, so finding a job is much easier.