Edgewood, KY vs St. Matthews, KY

Edgewood is moderately more affordable than St. Matthews, with a 10.8% lower cost of living index. Edgewood scores 87 compared to 97 for St. Matthews, where the US average is 100. This difference means residents of St. Matthews 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 $1,253/month in St. Matthews — a 21% difference. Home values follow the same pattern: Edgewood is more affordable at $289,700 median vs $325,700.

Median household income in Edgewood is $121,045 compared to $80,716 in St. Matthews (+50%). Edgewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgewood spend roughly 9.8% of their income on rent, less than the 18.6% in St. Matthews.