Graymoor-Devondale, KY vs Mount Sterling, KY

The cost of living difference between Graymoor-Devondale, KY and Mount Sterling, KY is dramatic. Mount Sterling is 58.1% cheaper than Graymoor-Devondale, a gap that translates to thousands of dollars per year in household expenses. Graymoor-Devondale has a cost index of 101 while Mount Sterling sits at 64, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Graymoor-Devondale is $1,373/month compared to $564/month in Mount Sterling — a 143% difference. Home values follow the same pattern: Mount Sterling is more affordable at $178,200 median vs $330,300.

Median household income in Graymoor-Devondale is $90,972 compared to $50,843 in Mount Sterling (+78.9%). While Graymoor-Devondale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Graymoor-Devondale spend roughly 18.1% of their income on rent, more than the 13.3% in Mount Sterling.