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Central City, KY vs Dawson Springs, KY

67
Central City
Kentucky
VS
+21.7%
55
Dawson Springs
Kentucky

There is a significant gap in the cost of living between these two cities. Dawson Springs is 21.7% cheaper than Central City. With a cost index of 55 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dawson Springs to Central City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Central City is $755/month compared to $546/month in Dawson Springs — a 38% difference. Home values follow the same pattern: Dawson Springs is more affordable at $73,500 median vs $140,700.

Median household income in Central City is $49,025 compared to $31,607 in Dawson Springs (+55.1%). While Central City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Central City spend roughly 18.5% of their income on rent, less than the 20.7% in Dawson Springs.

Income & Cost

Cost of Living Index
Central City
67
Dawson Springs
55
18% cheaper
Median Household Income
Central City
$49,025
36% higher
Dawson Springs
$31,607

Housing

Median Rent
Central City
$755
Dawson Springs
$546
28% cheaper
Median Home Value
Central City
$140,700
Dawson Springs
$73,500
48% cheaper
Population
Central City
5,736
Dawson Springs
1,973

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Central City
Dawson Springs $2.89
US $3.07
🥚
Eggs (grade A, large)
Central City
Dawson Springs $2.36
US $2.50
🥛
Milk (whole)
Central City
Dawson Springs $3.80
US $4.03
🍞
Bread (white)
Central City
Dawson Springs $1.75
US $1.85
🍗
Chicken breast
Central City
Dawson Springs $3.91
US $4.14
Electricity
Central City
Dawson Springs $0.15
US $0.19