Carrollton, KY vs Versailles, KY
There is a significant gap in the cost of living between these two cities. Carrollton is 20% cheaper than Versailles. With a cost index of 68 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrollton to Versailles should plan for substantially higher expenses across most categories.
On the housing front, median rent in Carrollton is $862/month compared to $1,051/month in Versailles — a 18% difference. Home values follow the same pattern: Carrollton is more affordable at $122,400 median vs $257,600.
Median household income in Carrollton is $58,788 compared to $58,834 in Versailles (-0.1%). 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 Carrollton spend roughly 17.6% of their income on rent, less than the 21.4% in Versailles.
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