Beaver Dam, KY vs Clay City, KY

Clay City is moderately more affordable than Beaver Dam, with a 10.9% lower cost of living index. Beaver Dam scores 66 compared to 59 for Clay City, where the US average is 100. This difference means residents of Beaver Dam can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beaver Dam is $717/month compared to $609/month in Clay City — a 18% difference. Home values follow the same pattern: Clay City is more affordable at $108,600 median vs $155,800.

Median household income in Beaver Dam is $52,546 compared to $32,571 in Clay City (+61.3%). While Beaver Dam is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaver Dam spend roughly 16.4% of their income on rent, less than the 22.4% in Clay City.