Beaver Dam, KY vs Paris, KY

Beaver Dam, KY and Paris, KY have a very similar cost of living, with only a 4.9% difference in their overall index. Beaver Dam scores 66 while Paris scores 69 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 Beaver Dam is $717/month compared to $728/month in Paris — a 2% difference. Home values follow the same pattern: Beaver Dam is more affordable at $155,800 median vs $182,100.

Median household income in Beaver Dam is $52,546 compared to $49,464 in Paris (+6.2%). Beaver Dam offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beaver Dam spend roughly 16.4% of their income on rent, less than the 17.7% in Paris.