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Flatwoods, KY vs Irvine, KY

68
Flatwoods
Kentucky
VS
+10.4%
62
Irvine
Kentucky

Irvine is moderately more affordable than Flatwoods, with a 10.4% lower cost of living index. Flatwoods scores 68 compared to 62 for Irvine, where the US average is 100. This difference means residents of Flatwoods can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Flatwoods is $923/month compared to $639/month in Irvine — a 44% difference. Interestingly, home values tell a different story: while Irvine has cheaper rent, Flatwoods actually has lower median home values ($112,200 vs $123,400).

Median household income in Flatwoods is $60,467 compared to $36,292 in Irvine (+66.6%). While Flatwoods 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, less than the 21.1% in Irvine.

Income & Cost

Cost of Living Index
Flatwoods
68
Irvine
62
9% cheaper
Median Household Income
Flatwoods
$60,467
40% higher
Irvine
$36,292

Housing

Median Rent
Flatwoods
$923
Irvine
$639
31% cheaper
Median Home Value
Flatwoods
$112,200
9% cheaper
Irvine
$123,400
Population
Flatwoods
7,281
Irvine
2,811

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Flatwoods $2.93
Irvine
US $3.07
🥚
Eggs (grade A, large)
Flatwoods $2.39
Irvine
US $2.50
🥛
Milk (whole)
Flatwoods $3.84
Irvine
US $4.03
🍞
Bread (white)
Flatwoods $1.77
Irvine
US $1.85
🍗
Chicken breast
Flatwoods $3.95
Irvine
US $4.14
Electricity
Flatwoods $0.16
Irvine
US $0.19