Centertown, KY vs Hanson, KY

Centertown, KY and Hanson, KY have a very similar cost of living, with only a 2.7% difference in their overall index. Centertown scores 68 while Hanson scores 69 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 Centertown is $919/month compared to $850/month in Hanson — a 8% difference. Interestingly, home values tell a different story: while Hanson has cheaper rent, Centertown actually has lower median home values ($91,800 vs $140,100).

Median household income in Centertown is $46,875 compared to $90,799 in Hanson (-48.4%). While Hanson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Centertown spend roughly 23.5% of their income on rent, more than the 11.2% in Hanson.