Elizabethtown, KY vs Florence, KY

Elizabethtown is moderately more affordable than Florence, with a 11.1% lower cost of living index. Elizabethtown scores 76 compared to 85 for Florence, where the US average is 100. This difference means residents of Florence can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elizabethtown is $876/month compared to $1,199/month in Florence — a 27% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Florence actually has lower median home values ($196,200 vs $223,200).

Median household income in Elizabethtown is $56,250 compared to $68,508 in Florence (-17.9%). While Florence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabethtown spend roughly 18.7% of their income on rent, less than the 21% in Florence.