Edgewood, KY vs Shelbyville, KY

Shelbyville is moderately more affordable than Edgewood, with a 6% lower cost of living index. Edgewood scores 87 compared to 82 for Shelbyville, where the US average is 100. This difference means residents of Edgewood 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 $979/month in Shelbyville — a 1% difference. Home values follow the same pattern: Shelbyville is more affordable at $238,600 median vs $289,700.

Median household income in Edgewood is $121,045 compared to $73,733 in Shelbyville (+64.2%). 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 15.9% in Shelbyville.