Ghent, KY vs Monterey, KY

Ghent is moderately more affordable than Monterey, with a 9.2% lower cost of living index. Ghent scores 73 compared to 81 for Monterey, where the US average is 100. This difference means residents of Monterey can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Ghent are $126,100 compared to $107,100 in Monterey, a 18% gap.

Median household income in Ghent is $50,694 compared to $66,458 in Monterey (-23.7%). While Monterey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.