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Burnside, KY vs Salt Lick, KY

74
Burnside
Kentucky
VS
+18.5%
62
Salt Lick
Kentucky

There is a significant gap in the cost of living between these two cities. Salt Lick is 18.5% cheaper than Burnside. With a cost index of 62 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Salt Lick to Burnside should plan for substantially higher expenses across most categories.

On the housing front, median rent in Burnside is $905/month compared to $693/month in Salt Lick — a 31% difference. Home values follow the same pattern: Salt Lick is more affordable at $111,300 median vs $173,200.

Median household income in Burnside is $56,563 compared to $48,750 in Salt Lick (+16%). The higher salaries in Burnside partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Burnside spend roughly 19.2% of their income on rent, more than the 17.1% in Salt Lick.

Income & Cost

Cost of Living Index
Burnside
74
Salt Lick
62
16% cheaper
Median Household Income
Burnside
$56,563
14% higher
Salt Lick
$48,750

Housing

Median Rent
Burnside
$905
Salt Lick
$693
23% cheaper
Median Home Value
Burnside
$173,200
Salt Lick
$111,300
36% cheaper
Population
Burnside
819
Salt Lick
290

Salary Equivalency Calculator

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