Flatwoods, KY vs Fort Thomas, KY
There is a significant gap in the cost of living between these two cities. Flatwoods is 25.2% cheaper than Fort Thomas. With a cost index of 68 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Flatwoods to Fort Thomas should plan for substantially higher expenses across most categories.
On the housing front, median rent in Flatwoods is $923/month compared to $1,095/month in Fort Thomas — a 16% difference. Home values follow the same pattern: Flatwoods is more affordable at $112,200 median vs $301,400.
Median household income in Flatwoods is $60,467 compared to $100,819 in Fort Thomas (-40%). While Fort Thomas is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Flatwoods spend roughly 18.3% of their income on rent, more than the 13% in Fort Thomas.
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