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Erlanger, KY vs Mount Sterling, KY

78
Erlanger
Kentucky
VS
+22.1%
64
Mount Sterling
Kentucky

There is a significant gap in the cost of living between these two cities. Mount Sterling is 22.1% cheaper than Erlanger. With a cost index of 64 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Sterling to Erlanger should plan for substantially higher expenses across most categories.

On the housing front, median rent in Erlanger is $981/month compared to $564/month in Mount Sterling — a 74% difference. Home values follow the same pattern: Mount Sterling is more affordable at $178,200 median vs $189,400.

Median household income in Erlanger is $78,420 compared to $50,843 in Mount Sterling (+54.2%). While Erlanger is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Erlanger spend roughly 15% of their income on rent, more than the 13.3% in Mount Sterling.

Income & Cost

Cost of Living Index
Erlanger
78
Mount Sterling
64
18% cheaper
Median Household Income
Erlanger
$78,420
35% higher
Mount Sterling
$50,843

Housing

Median Rent
Erlanger
$981
Mount Sterling
$564
43% cheaper
Median Home Value
Erlanger
$189,400
Mount Sterling
$178,200
6% cheaper
Population
Erlanger
19,677
Mount Sterling
7,549

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Erlanger $2.89
Mount Sterling $2.89
US $3.07
🥚
Eggs (grade A, large)
Erlanger $2.36
Mount Sterling $2.36
US $2.50
🥛
Milk (whole)
Erlanger $3.80
Mount Sterling $3.80
US $4.03
🍞
Bread (white)
Erlanger $1.75
Mount Sterling $1.75
US $1.85
🍗
Chicken breast
Erlanger $3.91
Mount Sterling $3.91
US $4.14
Electricity
Erlanger $0.17
Mount Sterling $0.15
US $0.19