Dry Ridge, KY vs Pembroke, KY
Dry Ridge, KY and Pembroke, KY have a very similar cost of living, with only a 3.5% difference in their overall index. Dry Ridge scores 73 while Pembroke scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Dry Ridge is $785/month compared to $909/month in Pembroke — a 14% difference. Interestingly, home values tell a different story: while Dry Ridge has cheaper rent, Pembroke actually has lower median home values ($190,600 vs $193,200).
Median household income in Dry Ridge is $53,641 compared to $69,196 in Pembroke (-22.5%). While Pembroke is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dry Ridge spend roughly 17.6% of their income on rent, more than the 15.8% in Pembroke.
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