Alexandria, KY vs Madisonville, KY

There is a significant gap in the cost of living between these two cities. Madisonville is 21.6% cheaper than Alexandria. With a cost index of 71 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madisonville to Alexandria should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alexandria is $1,062/month compared to $860/month in Madisonville — a 24% difference. Home values follow the same pattern: Madisonville is more affordable at $152,300 median vs $253,400.

Median household income in Alexandria is $103,750 compared to $56,902 in Madisonville (+82.3%). 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 18.1% in Madisonville.