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Ashland, KY vs Pikeville, KY

67
Ashland
Kentucky
VS
-18.4%
82
Pikeville
Kentucky

There is a significant gap in the cost of living between these two cities. Ashland is 18.4% cheaper than Pikeville. With a cost index of 67 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ashland to Pikeville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ashland is $859/month compared to $840/month in Pikeville — a 2% difference. Interestingly, home values tell a different story: while Pikeville has cheaper rent, Ashland actually has lower median home values ($125,300 vs $301,300).

Median household income in Ashland is $52,199 compared to $39,216 in Pikeville (+33.1%). Ashland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ashland spend roughly 19.7% of their income on rent, less than the 25.7% in Pikeville.

Income & Cost

Cost of Living Index
Ashland
67
18% cheaper
Pikeville
82
Median Household Income
Ashland
$52,199
25% higher
Pikeville
$39,216

Housing

Median Rent
Ashland
$859
Pikeville
$840
2% cheaper
Median Home Value
Ashland
$125,300
58% cheaper
Pikeville
$301,300
Population
Ashland
21,405
Pikeville
7,560

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ashland $2.93
Pikeville
US $3.07
🥚
Eggs (grade A, large)
Ashland $2.39
Pikeville
US $2.50
🥛
Milk (whole)
Ashland $3.84
Pikeville
US $4.03
🍞
Bread (white)
Ashland $1.77
Pikeville
US $1.85
🍗
Chicken breast
Ashland $3.95
Pikeville
US $4.14
Electricity
Ashland $0.16
Pikeville
US $0.19