Cynthiana, KY vs St. Matthews, KY
There is a significant gap in the cost of living between these two cities. Cynthiana is 29.9% cheaper than St. Matthews. With a cost index of 68 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cynthiana to St. Matthews should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cynthiana is $763/month compared to $1,253/month in St. Matthews — a 39% difference. Home values follow the same pattern: Cynthiana is more affordable at $154,700 median vs $325,700.
Median household income in Cynthiana is $49,817 compared to $80,716 in St. Matthews (-38.3%). While St. Matthews is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cynthiana spend roughly 18.4% of their income on rent, less than the 18.6% in St. Matthews.
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