Edgewood, KY vs Park Hills, KY

Edgewood, KY and Park Hills, KY have a very similar cost of living, with only a 4.9% difference in their overall index. Edgewood scores 87 while Park Hills scores 83 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 Edgewood is $991/month compared to $900/month in Park Hills — a 10% difference. Home values follow the same pattern: Park Hills is more affordable at $274,200 median vs $289,700.

Median household income in Edgewood is $121,045 compared to $102,112 in Park Hills (+18.5%). 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 10.6% in Park Hills.