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Flatwoods, KY vs Tompkinsville, KY

68
Flatwoods
Kentucky
VS
+18.6%
57
Tompkinsville
Kentucky

There is a significant gap in the cost of living between these two cities. Tompkinsville is 18.6% cheaper than Flatwoods. With a cost index of 57 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tompkinsville to Flatwoods should plan for substantially higher expenses across most categories.

On the housing front, median rent in Flatwoods is $923/month compared to $600/month in Tompkinsville — a 54% difference. Home values follow the same pattern: Tompkinsville is more affordable at $86,100 median vs $112,200.

Median household income in Flatwoods is $60,467 compared to $37,405 in Tompkinsville (+61.7%). 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 19.2% in Tompkinsville.

Income & Cost

Cost of Living Index
Flatwoods
68
Tompkinsville
57
16% cheaper
Median Household Income
Flatwoods
$60,467
38% higher
Tompkinsville
$37,405

Housing

Median Rent
Flatwoods
$923
Tompkinsville
$600
35% cheaper
Median Home Value
Flatwoods
$112,200
Tompkinsville
$86,100
23% cheaper
Population
Flatwoods
7,281
Tompkinsville
2,672

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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