Cave City, KY vs Mount Sterling, KY

Cave City, KY and Mount Sterling, KY have a very similar cost of living, with only a 3.9% difference in their overall index. Cave City scores 62 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 Cave City is $679/month compared to $564/month in Mount Sterling — a 20% difference. Interestingly, home values tell a different story: while Mount Sterling has cheaper rent, Cave City actually has lower median home values ($108,100 vs $178,200).

Median household income in Cave City is $33,672 compared to $50,843 in Mount Sterling (-33.8%). 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 Cave City spend roughly 24.2% of their income on rent, more than the 13.3% in Mount Sterling.