Edgewood, KY vs Murray, KY

There is a significant gap in the cost of living between these two cities. Murray is 18.4% cheaper than Edgewood. With a cost index of 73 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Murray to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $991/month compared to $835/month in Murray — a 19% difference. Home values follow the same pattern: Murray is more affordable at $193,300 median vs $289,700.

Median household income in Edgewood is $121,045 compared to $40,348 in Murray (+200%). 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 24.8% in Murray.