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Clay, KY vs Morganfield, KY

62
Clay
Kentucky
VS
-7.7%
67
Morganfield
Kentucky

Clay is moderately more affordable than Morganfield, with a 7.7% lower cost of living index. Clay scores 62 compared to 67 for Morganfield, where the US average is 100. This difference means residents of Morganfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clay is $769/month compared to $830/month in Morganfield — a 7% difference. Home values follow the same pattern: Clay is more affordable at $75,600 median vs $116,100.

Median household income in Clay is $43,884 compared to $63,546 in Morganfield (-30.9%). While Morganfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clay spend roughly 21% of their income on rent, more than the 15.7% in Morganfield.

Income & Cost

Cost of Living Index
Clay
62
8% cheaper
Morganfield
67
Median Household Income
Clay
$43,884
Morganfield
$63,546
31% higher

Housing

Median Rent
Clay
$769
7% cheaper
Morganfield
$830
Median Home Value
Clay
$75,600
35% cheaper
Morganfield
$116,100
Population
Clay
1,112
Morganfield
3,208

Salary Equivalency Calculator

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