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Augusta, KY vs Lancaster, KY

62
Augusta
Kentucky
VS
-6.2%
66
Lancaster
Kentucky

Augusta is moderately more affordable than Lancaster, with a 6.2% lower cost of living index. Augusta scores 62 compared to 66 for Lancaster, where the US average is 100. This difference means residents of Lancaster can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Augusta is $696/month compared to $768/month in Lancaster — a 9% difference. Home values follow the same pattern: Augusta is more affordable at $100,700 median vs $134,700.

Median household income in Augusta is $43,854 compared to $45,795 in Lancaster (-4.2%). The higher salaries in Lancaster partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Augusta spend roughly 19% of their income on rent, less than the 20.1% in Lancaster.

Income & Cost

Cost of Living Index
Augusta
62
6% cheaper
Lancaster
66
Median Household Income
Augusta
$43,854
Lancaster
$45,795
4% higher

Housing

Median Rent
Augusta
$696
9% cheaper
Lancaster
$768
Median Home Value
Augusta
$100,700
25% cheaper
Lancaster
$134,700
Population
Augusta
1,514
Lancaster
3,960

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Augusta $2.89
Lancaster
US $3.07
🥚
Eggs (grade A, large)
Augusta $2.36
Lancaster
US $2.50
🥛
Milk (whole)
Augusta $3.80
Lancaster
US $4.03
🍞
Bread (white)
Augusta $1.75
Lancaster
US $1.85
🍗
Chicken breast
Augusta $3.91
Lancaster
US $4.14
Electricity
Augusta $0.17
Lancaster
US $0.19