Flat Lick, KY vs Hurstbourne Acres, KY

There is a significant gap in the cost of living between these two cities. Flat Lick is 16.3% cheaper than Hurstbourne Acres. With a cost index of 78 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Flat Lick to Hurstbourne Acres should plan for substantially higher expenses across most categories.

Renters will find that Flat Lick has a median rent of $677/month while Hurstbourne Acres comes in at $1,191/month, a 43% difference.

Median household income in Flat Lick is $15,828 compared to $68,229 in Hurstbourne Acres (-76.8%). While Hurstbourne Acres is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Flat Lick spend roughly 51.3% of their income on rent, more than the 20.9% in Hurstbourne Acres. The Hurstbourne Acres ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.