Beaver Dam, KY vs Cloverport, KY

The cost of living difference between Beaver Dam, KY and Cloverport, KY is dramatic. Cloverport is 37.5% cheaper than Beaver Dam, a gap that translates to thousands of dollars per year in household expenses. Beaver Dam has a cost index of 66 while Cloverport sits at 48, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Beaver Dam is $717/month compared to $294/month in Cloverport — a 144% difference. Home values follow the same pattern: Cloverport is more affordable at $84,800 median vs $155,800.

Median household income in Beaver Dam is $52,546 compared to $34,688 in Cloverport (+51.5%). 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, more than the 10.2% in Cloverport.