Beaver Dam, KY vs Versailles, KY

There is a significant gap in the cost of living between these two cities. Beaver Dam is 22.7% cheaper than Versailles. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beaver Dam to Versailles should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beaver Dam is $717/month compared to $1,051/month in Versailles — a 32% difference. Home values follow the same pattern: Beaver Dam is more affordable at $155,800 median vs $257,600.

Median household income in Beaver Dam is $52,546 compared to $58,834 in Versailles (-10.7%). Versailles does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Beaver Dam spend roughly 16.4% of their income on rent, less than the 21.4% in Versailles.