Eminence, KY vs Flatwoods, KY

Eminence, KY and Flatwoods, KY have a very similar cost of living, with only a 3.9% difference in their overall index. Eminence scores 71 while Flatwoods scores 68 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 Eminence is $792/month compared to $923/month in Flatwoods — a 14% difference. Interestingly, home values tell a different story: while Eminence has cheaper rent, Flatwoods actually has lower median home values ($112,200 vs $171,300).

Median household income in Eminence is $44,655 compared to $60,467 in Flatwoods (-26.1%). Flatwoods offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eminence spend roughly 21.3% of their income on rent, more than the 18.3% in Flatwoods.