Eddyville, KY vs Hanson, KY
Eddyville, KY and Hanson, KY have a very similar cost of living, with only a 1.1% difference in their overall index. Eddyville scores 70 while Hanson scores 69 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 Eddyville is $745/month compared to $850/month in Hanson — a 12% difference. Interestingly, home values tell a different story: while Eddyville has cheaper rent, Hanson actually has lower median home values ($140,100 vs $188,500).
Median household income in Eddyville is $58,527 compared to $90,799 in Hanson (-35.5%). Hanson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eddyville spend roughly 15.3% of their income on rent, more than the 11.2% in Hanson.
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