Edgewood, KY vs Graymoor-Devondale, KY

Edgewood is moderately more affordable than Graymoor-Devondale, with a 14.4% lower cost of living index. Edgewood scores 87 compared to 101 for Graymoor-Devondale, where the US average is 100. This difference means residents of Graymoor-Devondale can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edgewood is $991/month compared to $1,373/month in Graymoor-Devondale — a 28% difference. Home values follow the same pattern: Edgewood is more affordable at $289,700 median vs $330,300.

Median household income in Edgewood is $121,045 compared to $90,972 in Graymoor-Devondale (+33.1%). Edgewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgewood spend roughly 9.8% of their income on rent, less than the 18.1% in Graymoor-Devondale.