Bardstown, KY vs Richmond, KY

Bardstown, KY and Richmond, KY have a very similar cost of living, with only a 1.3% difference in their overall index. Bardstown scores 76 while Richmond scores 75 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 Bardstown is $917/month compared to $860/month in Richmond — a 7% difference. Interestingly, home values tell a different story: while Richmond has cheaper rent, Bardstown actually has lower median home values ($190,800 vs $205,900).

Median household income in Bardstown is $49,781 compared to $48,223 in Richmond (+3.2%). While Bardstown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bardstown spend roughly 22.1% of their income on rent, more than the 21.4% in Richmond.