Edgewood, KY vs Madisonville, KY

There is a significant gap in the cost of living between these two cities. Madisonville is 22.8% cheaper than Edgewood. With a cost index of 71 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madisonville to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $991/month compared to $860/month in Madisonville — a 15% difference. Home values follow the same pattern: Madisonville is more affordable at $152,300 median vs $289,700.

Median household income in Edgewood is $121,045 compared to $56,902 in Madisonville (+112.7%). 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 Edgewood spend roughly 9.8% of their income on rent, less than the 18.1% in Madisonville.