Cadiz, KY vs Mount Sterling, KY
Cadiz, KY and Mount Sterling, KY have a very similar cost of living, with only a 2.2% difference in their overall index. Cadiz scores 63 while Mount Sterling 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 Cadiz is $683/month compared to $564/month in Mount Sterling — a 21% difference. Interestingly, home values tell a different story: while Mount Sterling has cheaper rent, Cadiz actually has lower median home values ($120,800 vs $178,200).
Median household income in Cadiz is $40,186 compared to $50,843 in Mount Sterling (-21%). While Mount Sterling is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cadiz spend roughly 20.4% of their income on rent, more than the 13.3% in Mount Sterling.
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