Ferguson, KY vs Ghent, KY
There is a significant gap in the cost of living between these two cities. Ferguson is 15.5% cheaper than Ghent. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferguson to Ghent should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ferguson is $678/month compared to $994/month in Ghent — a 32% difference. Home values follow the same pattern: Ferguson is more affordable at $115,000 median vs $126,100.
Median household income in Ferguson is $33,981 compared to $50,694 in Ghent (-33%). While Ghent is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferguson spend roughly 23.9% of their income on rent, more than the 23.5% in Ghent.
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