Frankfort, KY vs Madisonville, KY

Madisonville is moderately more affordable than Frankfort, with a 5.8% lower cost of living index. Frankfort scores 75 compared to 71 for Madisonville, where the US average is 100. This difference means residents of Frankfort can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Frankfort is $935/month compared to $860/month in Madisonville — a 9% difference. Home values follow the same pattern: Madisonville is more affordable at $152,300 median vs $171,600.

Median household income in Frankfort is $54,438 compared to $56,902 in Madisonville (-4.3%). Madisonville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Frankfort spend roughly 20.6% of their income on rent, more than the 18.1% in Madisonville.