Elizabethtown, KY vs Owensboro, KY

Owensboro is moderately more affordable than Elizabethtown, with a 5.5% lower cost of living index. Elizabethtown scores 76 compared to 72 for Owensboro, where the US average is 100. This difference means residents of Elizabethtown 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 $900/month in Owensboro — a 3% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Owensboro actually has lower median home values ($162,900 vs $223,200).

Median household income in Elizabethtown is $56,250 compared to $53,295 in Owensboro (+5.5%). The higher salaries in Elizabethtown 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 20.3% in Owensboro.