Eddyville, KY vs Edgewood, KY
There is a significant gap in the cost of living between these two cities. Eddyville is 19.2% cheaper than Edgewood. With a cost index of 70 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Eddyville to Edgewood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Eddyville is $745/month compared to $991/month in Edgewood — a 25% difference. Home values follow the same pattern: Eddyville is more affordable at $188,500 median vs $289,700.
Median household income in Eddyville is $58,527 compared to $121,045 in Edgewood (-51.6%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eddyville spend roughly 15.3% of their income on rent, more than the 9.8% in Edgewood.
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