Alexandria, KY vs Frankfort, KY

Frankfort is moderately more affordable than Alexandria, with a 14.9% lower cost of living index. Alexandria scores 86 compared to 75 for Frankfort, where the US average is 100. This difference means residents of Alexandria can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alexandria is $1,062/month compared to $935/month in Frankfort — a 14% difference. Home values follow the same pattern: Frankfort is more affordable at $171,600 median vs $253,400.

Median household income in Alexandria is $103,750 compared to $54,438 in Frankfort (+90.6%). While Alexandria is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alexandria spend roughly 12.3% of their income on rent, less than the 20.6% in Frankfort.