Ferguson, KY vs Mount Vernon, KY

Ferguson, KY and Mount Vernon, KY have a very similar cost of living, with only a 2.9% difference in their overall index. Ferguson scores 62 while Mount Vernon scores 60 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 Ferguson is $678/month compared to $660/month in Mount Vernon — a 3% difference. Home values follow the same pattern: Mount Vernon is more affordable at $100,500 median vs $115,000.

Median household income in Ferguson is $33,981 compared to $38,639 in Mount Vernon (-12.1%). Mount Vernon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ferguson spend roughly 23.9% of their income on rent, more than the 20.5% in Mount Vernon.