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Elsmere, KY vs Paducah, KY

85
Elsmere
Kentucky
VS
+25.1%
68
Paducah
Kentucky

There is a significant gap in the cost of living between these two cities. Paducah is 25.1% cheaper than Elsmere. With a cost index of 68 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Paducah to Elsmere should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elsmere is $1,303/month compared to $817/month in Paducah — a 60% difference. Interestingly, home values tell a different story: while Paducah has cheaper rent, Elsmere actually has lower median home values ($157,200 vs $164,600).

Median household income in Elsmere is $61,427 compared to $51,243 in Paducah (+19.9%). The higher salaries in Elsmere partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elsmere spend roughly 25.5% of their income on rent, more than the 19.1% in Paducah.

Income & Cost

Cost of Living Index
Elsmere
85
Paducah
68
20% cheaper
Median Household Income
Elsmere
$61,427
17% higher
Paducah
$51,243

Housing

Median Rent
Elsmere
$1,303
Paducah
$817
37% cheaper
Median Home Value
Elsmere
$157,200
4% cheaper
Paducah
$164,600
Population
Elsmere
9,151
Paducah
26,894

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elsmere $2.89
Paducah $2.89
US $3.07
🥚
Eggs (grade A, large)
Elsmere $2.36
Paducah $2.36
US $2.50
🥛
Milk (whole)
Elsmere $3.80
Paducah $3.79
US $4.03
🍞
Bread (white)
Elsmere $1.75
Paducah $1.74
US $1.85
🍗
Chicken breast
Elsmere $3.91
Paducah $3.90
US $4.14
Electricity
Elsmere $0.17
Paducah $0.16
US $0.19