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Elsmere, KY vs Erlanger, KY

85
Elsmere
Kentucky
VS
+9.1%
78
Erlanger
Kentucky

Erlanger is moderately more affordable than Elsmere, with a 9.1% lower cost of living index. Elsmere scores 85 compared to 78 for Erlanger, where the US average is 100. This difference means residents of Elsmere can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elsmere is $1,303/month compared to $981/month in Erlanger — a 33% difference. Interestingly, home values tell a different story: while Erlanger has cheaper rent, Elsmere actually has lower median home values ($157,200 vs $189,400).

Median household income in Elsmere is $61,427 compared to $78,420 in Erlanger (-21.7%). Erlanger offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elsmere spend roughly 25.5% of their income on rent, more than the 15% in Erlanger.

Income & Cost

Cost of Living Index
Elsmere
85
Erlanger
78
8% cheaper
Median Household Income
Elsmere
$61,427
Erlanger
$78,420
22% higher

Housing

Median Rent
Elsmere
$1,303
Erlanger
$981
25% cheaper
Median Home Value
Elsmere
$157,200
17% cheaper
Erlanger
$189,400
Population
Elsmere
9,151
Erlanger
19,677

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elsmere $2.89
Erlanger $2.89
US $3.07
🥚
Eggs (grade A, large)
Elsmere $2.36
Erlanger $2.36
US $2.50
🥛
Milk (whole)
Elsmere $3.80
Erlanger $3.80
US $4.03
🍞
Bread (white)
Elsmere $1.75
Erlanger $1.75
US $1.85
🍗
Chicken breast
Elsmere $3.91
Erlanger $3.91
US $4.14
Electricity
Elsmere $0.17
Erlanger $0.17
US $0.19