Clay, KY vs Park Hills, KY
There is a significant gap in the cost of living between these two cities. Clay is 25.5% cheaper than Park Hills. With a cost index of 62 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clay to Park Hills should plan for substantially higher expenses across most categories.
On the housing front, median rent in Clay is $769/month compared to $900/month in Park Hills — a 15% difference. Home values follow the same pattern: Clay is more affordable at $75,600 median vs $274,200.
Median household income in Clay is $43,884 compared to $102,112 in Park Hills (-57%). While Park Hills 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 10.6% in Park Hills.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area