Bedford, KY vs Camargo, KY

Bedford, KY and Camargo, KY have a very similar cost of living, with only a 1.1% difference in their overall index. Bedford scores 65 while Camargo scores 64 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 Bedford is $865/month compared to $696/month in Camargo — a 24% difference. Interestingly, home values tell a different story: while Camargo has cheaper rent, Bedford actually has lower median home values ($81,100 vs $131,900).

Median household income in Bedford is $33,750 compared to $47,500 in Camargo (-28.9%). Camargo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bedford spend roughly 30.8% of their income on rent, more than the 17.6% in Camargo. The Camargo ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.