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Clay, KY vs Park Hills, KY

62
Clay
Kentucky
VS
-25.5%
83
Park Hills
Kentucky

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

Cost of Living Index
Clay
62
26% cheaper
Park Hills
83
Median Household Income
Clay
$43,884
Park Hills
$102,112
57% higher

Housing

Median Rent
Clay
$769
15% cheaper
Park Hills
$900
Median Home Value
Clay
$75,600
72% cheaper
Park Hills
$274,200
Population
Clay
1,112
Park Hills
3,155

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clay
Park Hills $2.89
US $3.07
🥚
Eggs (grade A, large)
Clay
Park Hills $2.36
US $2.50
🥛
Milk (whole)
Clay
Park Hills $3.80
US $4.03
🍞
Bread (white)
Clay
Park Hills $1.75
US $1.85
🍗
Chicken breast
Clay
Park Hills $3.91
US $4.14
Electricity
Clay
Park Hills $0.17
US $0.19