Ferguson, KY vs Salt Lick, KY

Ferguson, KY and Salt Lick, KY have a very similar cost of living, with only a 0.2% difference in their overall index. Ferguson scores 62 while Salt Lick scores 62 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 $693/month in Salt Lick — a 2% difference. Interestingly, home values tell a different story: while Ferguson has cheaper rent, Salt Lick actually has lower median home values ($111,300 vs $115,000).

Median household income in Ferguson is $33,981 compared to $48,750 in Salt Lick (-30.3%). While Salt Lick 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 17.1% in Salt Lick.