Fleming-Neon, KY vs Owenton, KY

Fleming-Neon is moderately more affordable than Owenton, with a 8% lower cost of living index. Fleming-Neon scores 57 compared to 62 for Owenton, where the US average is 100. This difference means residents of Owenton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fleming-Neon is $693/month compared to $664/month in Owenton — a 4% difference. Interestingly, home values tell a different story: while Owenton has cheaper rent, Fleming-Neon actually has lower median home values ($52,700 vs $124,300).

Median household income in Fleming-Neon is $37,969 compared to $52,121 in Owenton (-27.2%). While Owenton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fleming-Neon spend roughly 21.9% of their income on rent, more than the 15.3% in Owenton.