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Corbin, KY vs Simpsonville, KY

66
Corbin
Kentucky
VS
-22.1%
85
Simpsonville
Kentucky

There is a significant gap in the cost of living between these two cities. Corbin is 22.1% cheaper than Simpsonville. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Corbin to Simpsonville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Corbin is $686/month compared to $1,038/month in Simpsonville — a 34% difference. Home values follow the same pattern: Corbin is more affordable at $162,600 median vs $255,400.

Median household income in Corbin is $51,795 compared to $91,221 in Simpsonville (-43.2%). While Simpsonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Corbin spend roughly 15.9% of their income on rent, more than the 13.7% in Simpsonville.

Income & Cost

Cost of Living Index
Corbin
66
22% cheaper
Simpsonville
85
Median Household Income
Corbin
$51,795
Simpsonville
$91,221
43% higher

Housing

Median Rent
Corbin
$686
34% cheaper
Simpsonville
$1,038
Median Home Value
Corbin
$162,600
36% cheaper
Simpsonville
$255,400
Population
Corbin
8,430
Simpsonville
3,006

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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