Ashland, KY vs Flatwoods, KY

Ashland, KY and Flatwoods, KY have a very similar cost of living, with only a 1.3% difference in their overall index. Ashland scores 67 while Flatwoods scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Ashland is $859/month compared to $923/month in Flatwoods — a 7% difference. Interestingly, home values tell a different story: while Ashland has cheaper rent, Flatwoods actually has lower median home values ($112,200 vs $125,300).

Median household income in Ashland is $52,199 compared to $60,467 in Flatwoods (-13.7%). While Flatwoods 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 18.3% in Flatwoods.