Cost of living in Farmers, Kentucky

Cost of living compared to USAthe lowest
Cost of living compared to Kentuckylow
Median household incomelow

Is it expensive to live in Farmers, Kentucky? When calculating the cost of living in Farmers, Kentucky we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Farmers, Kentucky is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky, while median household income in Farmers is $43,385 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky.

Taxes in Farmers, Kentucky

The sales tax rate in Farmers, Kentucky is 6.0%. Last year, the average property taxes paid was 0.7% Farmers, Kentucky.

The state income tax in the state of Kentucky is 5.00%.

Housing costs in Farmers, Kentucky

The average cost of a single-family home compared to USAlow
The average cost of a single-family home compared to Kentuckymoderate

In Farmers, Kentucky, 100.0% of the population owns their homes, while approximately 0.0% rent. The average cost of a single-family home in Farmers, Kentucky in 2022 is $166,839 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky. The average one-bedroom apartment cost is approximately $560 per month.

Rental Size	Monthly Cost	Compared to Kentucky
1 Bedroom	$560	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$740	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$990	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,000	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest