Farley, KY vs Olive Hill, KY

Olive Hill is moderately more affordable than Farley, with a 8.6% lower cost of living index. Farley scores 60 compared to 55 for Olive Hill, where the US average is 100. This difference means residents of Farley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farley is $772/month compared to $508/month in Olive Hill — a 52% difference. Interestingly, home values tell a different story: while Olive Hill has cheaper rent, Farley actually has lower median home values ($82,400 vs $111,100).

Median household income in Farley is $45,676 compared to $69,063 in Olive Hill (-33.9%). Olive Hill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farley spend roughly 20.3% of their income on rent, more than the 8.8% in Olive Hill.