Fulton, KY vs New Haven, KY
There is a significant gap in the cost of living between these two cities. Fulton is 20.2% cheaper than New Haven. With a cost index of 55 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fulton to New Haven should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fulton is $588/month compared to $808/month in New Haven — a 27% difference. Home values follow the same pattern: Fulton is more affordable at $61,200 median vs $143,100.
Median household income in Fulton is $36,037 compared to $68,977 in New Haven (-47.8%). While New Haven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fulton spend roughly 19.6% of their income on rent, more than the 14.1% in New Haven.
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