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Edgewood, KY vs Providence, KY

87
Edgewood
Kentucky
VS
+53.7%
56
Providence
Kentucky

The cost of living difference between Edgewood, KY and Providence, KY is dramatic. Providence is 53.7% cheaper than Edgewood, a gap that translates to thousands of dollars per year in household expenses. Edgewood has a cost index of 87 while Providence sits at 56, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Edgewood is $991/month compared to $623/month in Providence — a 59% difference. Home values follow the same pattern: Providence is more affordable at $66,800 median vs $289,700.

Median household income in Edgewood is $121,045 compared to $53,208 in Providence (+127.5%). 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 14.1% in Providence.

Income & Cost

Cost of Living Index
Edgewood
87
Providence
56
35% cheaper
Median Household Income
Edgewood
$121,045
56% higher
Providence
$53,208

Housing

Median Rent
Edgewood
$991
Providence
$623
37% cheaper
Median Home Value
Edgewood
$289,700
Providence
$66,800
77% cheaper
Population
Edgewood
8,429
Providence
2,861

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Edgewood $2.89
Providence
US $3.07
🥚
Eggs (grade A, large)
Edgewood $2.36
Providence
US $2.50
🥛
Milk (whole)
Edgewood $3.80
Providence
US $4.03
🍞
Bread (white)
Edgewood $1.75
Providence
US $1.85
🍗
Chicken breast
Edgewood $3.91
Providence
US $4.14
Electricity
Edgewood $0.17
Providence
US $0.19