Erlanger, KY vs Pikeville, KY

Erlanger, KY and Pikeville, KY have a very similar cost of living, with only a 4.9% difference in their overall index. Erlanger scores 78 while Pikeville scores 82 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 Erlanger is $981/month compared to $840/month in Pikeville — a 17% difference. Interestingly, home values tell a different story: while Pikeville has cheaper rent, Erlanger actually has lower median home values ($189,400 vs $301,300).

Median household income in Erlanger is $78,420 compared to $39,216 in Pikeville (+100%). 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 Erlanger spend roughly 15% of their income on rent, less than the 25.7% in Pikeville.