Flemingsburg, KY vs Mount Sterling, KY

Flemingsburg, KY and Mount Sterling, KY have a very similar cost of living, with only a 3.8% difference in their overall index. Flemingsburg scores 62 while Mount Sterling scores 64 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 Flemingsburg is $641/month compared to $564/month in Mount Sterling — a 14% difference. Interestingly, home values tell a different story: while Mount Sterling has cheaper rent, Flemingsburg actually has lower median home values ($123,200 vs $178,200).

Median household income in Flemingsburg is $32,500 compared to $50,843 in Mount Sterling (-36.1%). While Mount Sterling is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Flemingsburg spend roughly 23.7% of their income on rent, more than the 13.3% in Mount Sterling.