Ghent, KY vs Perryville, KY

There is a significant gap in the cost of living between these two cities. Perryville is 28.7% cheaper than Ghent. With a cost index of 57 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Perryville to Ghent should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ghent is $994/month compared to $475/month in Perryville — a 109% difference. Interestingly, home values tell a different story: while Perryville has cheaper rent, Ghent actually has lower median home values ($126,100 vs $128,700).

Median household income in Ghent is $50,694 compared to $60,880 in Perryville (-16.7%). Perryville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ghent spend roughly 23.5% of their income on rent, more than the 9.4% in Perryville.