Elizabethtown, KY vs Nicholasville, KY

Elizabethtown, KY and Nicholasville, KY have a very similar cost of living, with only a 4.9% difference in their overall index. Elizabethtown scores 76 while Nicholasville scores 80 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 $996/month in Nicholasville — a 12% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Nicholasville actually has lower median home values ($210,700 vs $223,200).

Median household income in Elizabethtown is $56,250 compared to $67,514 in Nicholasville (-16.7%). While Nicholasville 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, more than the 17.7% in Nicholasville.