Frankfort, KY vs Mount Washington, KY

Frankfort is moderately more affordable than Mount Washington, with a 8% lower cost of living index. Frankfort scores 75 compared to 81 for Mount Washington, where the US average is 100. This difference means residents of Mount Washington 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 $919/month in Mount Washington — a 2% difference. Interestingly, home values tell a different story: while Mount Washington has cheaper rent, Frankfort actually has lower median home values ($171,600 vs $253,700).

Median household income in Frankfort is $54,438 compared to $93,852 in Mount Washington (-42%). While Mount Washington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frankfort spend roughly 20.6% of their income on rent, more than the 11.8% in Mount Washington.