Auburn, KY vs Parkway Village, KY
There is a significant gap in the cost of living between these two cities. Auburn is 28.6% cheaper than Parkway Village. With a cost index of 65 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Auburn to Parkway Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Auburn is $777/month compared to $1,272/month in Parkway Village — a 39% difference. Home values follow the same pattern: Auburn is more affordable at $118,100 median vs $236,900.
Median household income in Auburn is $46,071 compared to $85,875 in Parkway Village (-46.4%). While Parkway Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Auburn spend roughly 20.2% of their income on rent, more than the 17.8% in Parkway Village.
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