Augusta, KY vs Ludlow, KY
There is a significant gap in the cost of living between these two cities. Augusta is 21.6% cheaper than Ludlow. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Augusta to Ludlow should plan for substantially higher expenses across most categories.
On the housing front, median rent in Augusta is $696/month compared to $1,115/month in Ludlow — a 38% difference. Home values follow the same pattern: Augusta is more affordable at $100,700 median vs $154,700.
Median household income in Augusta is $43,854 compared to $58,295 in Ludlow (-24.8%). While Ludlow is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Augusta spend roughly 19% of their income on rent, less than the 23% in Ludlow.
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