Edgewood, KY vs Simpsonville, KY

Edgewood, KY and Simpsonville, KY have a very similar cost of living, with only a 2% difference in their overall index. Edgewood scores 87 while Simpsonville scores 85 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 $1,038/month in Simpsonville — a 5% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Simpsonville actually has lower median home values ($255,400 vs $289,700).

Median household income in Edgewood is $121,045 compared to $91,221 in Simpsonville (+32.7%). 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 13.7% in Simpsonville.