Flatwoods, KY vs St. Matthews, KY

The cost of living difference between Flatwoods, KY and St. Matthews, KY is dramatic. Flatwoods is 30.1% cheaper than St. Matthews, a gap that translates to thousands of dollars per year in household expenses. Flatwoods has a cost index of 68 while St. Matthews sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Flatwoods is $923/month compared to $1,253/month in St. Matthews — a 26% difference. Home values follow the same pattern: Flatwoods is more affordable at $112,200 median vs $325,700.

Median household income in Flatwoods is $60,467 compared to $80,716 in St. Matthews (-25.1%). The higher salaries in St. Matthews partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Flatwoods spend roughly 18.3% of their income on rent, less than the 18.6% in St. Matthews.