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Florence, KY vs Hopkinsville, KY

85
Florence
Kentucky
VS
+22.2%
70
Hopkinsville
Kentucky

There is a significant gap in the cost of living between these two cities. Hopkinsville is 22.2% cheaper than Florence. With a cost index of 70 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hopkinsville to Florence should plan for substantially higher expenses across most categories.

On the housing front, median rent in Florence is $1,199/month compared to $869/month in Hopkinsville — a 38% difference. Home values follow the same pattern: Hopkinsville is more affordable at $140,200 median vs $196,200.

Median household income in Florence is $68,508 compared to $47,428 in Hopkinsville (+44.4%). While Florence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Florence spend roughly 21% of their income on rent, less than the 22% in Hopkinsville.

Income & Cost

Cost of Living Index
Florence
85
Hopkinsville
70
18% cheaper
Median Household Income
Florence
$68,508
31% higher
Hopkinsville
$47,428

Housing

Median Rent
Florence
$1,199
Hopkinsville
$869
28% cheaper
Median Home Value
Florence
$196,200
Hopkinsville
$140,200
29% cheaper
Population
Florence
32,334
Hopkinsville
31,011

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Florence $2.89
Hopkinsville $2.89
US $3.07
🥚
Eggs (grade A, large)
Florence $2.36
Hopkinsville $2.36
US $2.50
🥛
Milk (whole)
Florence $3.80
Hopkinsville $3.80
US $4.03
🍞
Bread (white)
Florence $1.75
Hopkinsville $1.75
US $1.85
🍗
Chicken breast
Florence $3.91
Hopkinsville $3.91
US $4.14
Electricity
Florence $0.17
Hopkinsville $0.15
US $0.19