Ashland, KY vs Edgewood, KY

There is a significant gap in the cost of living between these two cities. Ashland is 22.6% cheaper than Edgewood. With a cost index of 67 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ashland to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ashland is $859/month compared to $991/month in Edgewood — a 13% difference. Home values follow the same pattern: Ashland is more affordable at $125,300 median vs $289,700.

Median household income in Ashland is $52,199 compared to $121,045 in Edgewood (-56.9%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ashland spend roughly 19.7% of their income on rent, more than the 9.8% in Edgewood.