Elizabethtown, KY vs Newport, KY

Elizabethtown is moderately more affordable than Newport, with a 6.5% lower cost of living index. Elizabethtown scores 76 compared to 81 for Newport, where the US average is 100. This difference means residents of Newport 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 $994/month in Newport — a 12% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Newport actually has lower median home values ($221,100 vs $223,200).

Median household income in Elizabethtown is $56,250 compared to $58,422 in Newport (-3.7%). The higher salaries in Newport partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elizabethtown spend roughly 18.7% of their income on rent, less than the 20.4% in Newport.