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Cadiz, KY vs Morehead, KY

63
Cadiz
Kentucky
VS
-9.5%
69
Morehead
Kentucky

Cadiz is moderately more affordable than Morehead, with a 9.5% lower cost of living index. Cadiz scores 63 compared to 69 for Morehead, where the US average is 100. This difference means residents of Morehead can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cadiz is $683/month compared to $791/month in Morehead — a 14% difference. Home values follow the same pattern: Cadiz is more affordable at $120,800 median vs $176,300.

Median household income in Cadiz is $40,186 compared to $35,000 in Morehead (+14.8%). Cadiz offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cadiz spend roughly 20.4% of their income on rent, less than the 27.1% in Morehead.

Income & Cost

Cost of Living Index
Cadiz
63
9% cheaper
Morehead
69
Median Household Income
Cadiz
$40,186
13% higher
Morehead
$35,000

Housing

Median Rent
Cadiz
$683
14% cheaper
Morehead
$791
Median Home Value
Cadiz
$120,800
31% cheaper
Morehead
$176,300
Population
Cadiz
2,649
Morehead
6,924

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cadiz $2.89
Morehead $2.93
US $3.07
🥚
Eggs (grade A, large)
Cadiz $2.36
Morehead $2.39
US $2.50
🥛
Milk (whole)
Cadiz $3.80
Morehead $3.84
US $4.03
🍞
Bread (white)
Cadiz $1.75
Morehead $1.77
US $1.85
🍗
Chicken breast
Cadiz $3.91
Morehead $3.95
US $4.14
Electricity
Cadiz $0.15
Morehead $0.16
US $0.19