Elizabethtown, KY vs Frankfort, KY

Elizabethtown, KY and Frankfort, KY have a very similar cost of living, with only a 1.6% difference in their overall index. Elizabethtown scores 76 while Frankfort scores 75 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 Elizabethtown is $876/month compared to $935/month in Frankfort — a 6% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Frankfort actually has lower median home values ($171,600 vs $223,200).

Median household income in Elizabethtown is $56,250 compared to $54,438 in Frankfort (+3.3%). While Elizabethtown 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 20.6% in Frankfort.