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Catlettsburg, KY vs Drakesboro, KY

55
Catlettsburg
Kentucky
VS
-18.1%
67
Drakesboro
Kentucky

There is a significant gap in the cost of living between these two cities. Catlettsburg is 18.1% cheaper than Drakesboro. With a cost index of 55 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Catlettsburg to Drakesboro should plan for substantially higher expenses across most categories.

On the housing front, median rent in Catlettsburg is $590/month compared to $931/month in Drakesboro — a 37% difference. Home values follow the same pattern: Catlettsburg is more affordable at $71,400 median vs $76,900.

Median household income in Catlettsburg is $34,524 compared to $41,500 in Drakesboro (-16.8%). The higher salaries in Drakesboro partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Catlettsburg spend roughly 20.5% of their income on rent, less than the 26.9% in Drakesboro.

Income & Cost

Cost of Living Index
Catlettsburg
55
18% cheaper
Drakesboro
67
Median Household Income
Catlettsburg
$34,524
Drakesboro
$41,500
17% higher

Housing

Median Rent
Catlettsburg
$590
37% cheaper
Drakesboro
$931
Median Home Value
Catlettsburg
$71,400
7% cheaper
Drakesboro
$76,900
Population
Catlettsburg
1,672
Drakesboro
586

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Catlettsburg $2.93
Drakesboro
US $3.07
🥚
Eggs (grade A, large)
Catlettsburg $2.39
Drakesboro
US $2.50
🥛
Milk (whole)
Catlettsburg $3.84
Drakesboro
US $4.03
🍞
Bread (white)
Catlettsburg $1.77
Drakesboro
US $1.85
🍗
Chicken breast
Catlettsburg $3.95
Drakesboro
US $4.14
Electricity
Catlettsburg $0.16
Drakesboro
US $0.19