Fleming-Neon, KY vs Olive Hill, KY

Fleming-Neon, KY and Olive Hill, KY have a very similar cost of living, with only a 3.8% difference in their overall index. Fleming-Neon scores 57 while Olive Hill scores 55 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fleming-Neon is $693/month compared to $508/month in Olive Hill — a 36% difference. Interestingly, home values tell a different story: while Olive Hill has cheaper rent, Fleming-Neon actually has lower median home values ($52,700 vs $111,100).

Median household income in Fleming-Neon is $37,969 compared to $69,063 in Olive Hill (-45%). Olive Hill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fleming-Neon spend roughly 21.9% of their income on rent, more than the 8.8% in Olive Hill.