Safe Rate Local

Cost of Living in Lyon County

Is it better to rent or buy in Lyon County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to Lyon County Hub

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$66,332
$857/mo

Median in area: $857

$190,242

Median in area: $190,242

$38,048

If you Rent

🔑
$1,062 /mo
Base Rent$857
Est. Utilities$205
% of Income19.2%
Pre-tax Residual$4,466

If you Buy

🏠
$1,477 /mo
P&I (7.133%)$1,026
Taxes & Ins$246
Est. Utilities$205
% of Income26.7%
Pre-tax Residual$4,050

Compare Nearby Areas

See how Lyon County stacks up against neighboring areas.

countyMarshall County, KY
$857/mo
countyLivingston County, KY
$873/mo
countyCrittenden County, KY
$744/mo
countyTrigg County, KY
$841/mo
countyCaldwell County, KY
$746/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Lyon County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Lyon County. The estimated all-in monthly cost for renting is $1,062, while owning a median-priced home with a 20% down payment is roughly $1,477 per month (a difference of $415).

How much do utilities cost in Lyon County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Lyon County is approximately $205. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Lyon County?›

To comfortably afford the median rent and utilities in Lyon County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,480 per year.