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Bardwell, KY vs Elkton, KY

56
Bardwell
Kentucky
VS
-16%
67
Elkton
Kentucky

There is a significant gap in the cost of living between these two cities. Bardwell is 16% cheaper than Elkton. With a cost index of 56 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bardwell to Elkton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bardwell is $628/month compared to $849/month in Elkton — a 26% difference. Home values follow the same pattern: Bardwell is more affordable at $88,000 median vs $111,300.

Median household income in Bardwell is $46,711 compared to $45,417 in Elkton (+2.8%). Bardwell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bardwell spend roughly 16.1% of their income on rent, less than the 22.4% in Elkton.

Income & Cost

Cost of Living Index
Bardwell
56
16% cheaper
Elkton
67
Median Household Income
Bardwell
$46,711
3% higher
Elkton
$45,417

Housing

Median Rent
Bardwell
$628
26% cheaper
Elkton
$849
Median Home Value
Bardwell
$88,000
21% cheaper
Elkton
$111,300
Population
Bardwell
744
Elkton
2,158

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bardwell $2.89
Elkton $2.89
US $3.07
🥚
Eggs (grade A, large)
Bardwell $2.36
Elkton $2.36
US $2.50
🥛
Milk (whole)
Bardwell $3.79
Elkton $3.80
US $4.03
🍞
Bread (white)
Bardwell $1.74
Elkton $1.75
US $1.85
🍗
Chicken breast
Bardwell $3.90
Elkton $3.91
US $4.14
Electricity
Bardwell $0.16
Elkton $0.15
US $0.19