Cost of Living in Betsy Layne, KY
Population: 573 | Kentucky
Betsy Layne is 21% less expensive than the national average.
Cost of Living in Betsy Layne, KY: What You Need to Know
With a cost of living index of 79, Betsy Layne, KY is a very affordable place to live. Living here is 21% cheaper than the national average and in line with the Kentucky state average. Betsy Layne is a small community of 573 residents.
The median household income in Betsy Layne is $31,648, which is 58% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $31,648
- vs US Median ($75,149)
- -58%
Housing
- Median Rent
- $731/mo
- Median Monthly Housing Cost
- $504/mo