Barbourville, KY vs Harrodsburg, KY
Barbourville, KY and Harrodsburg, KY have a very similar cost of living, with only a 0.5% difference in their overall index. Barbourville scores 66 while Harrodsburg scores 66 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 Barbourville is $604/month compared to $738/month in Harrodsburg — a 18% difference. Interestingly, home values tell a different story: while Barbourville has cheaper rent, Harrodsburg actually has lower median home values ($145,100 vs $190,200).
Median household income in Barbourville is $20,971 compared to $46,821 in Harrodsburg (-55.2%). While Harrodsburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Barbourville spend roughly 34.6% of their income on rent, more than the 18.9% in Harrodsburg. The Harrodsburg ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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