Grayson, KY vs Mayfield, KY

Grayson, KY and Mayfield, KY have a very similar cost of living, with only a 1.1% difference in their overall index. Grayson scores 60 while Mayfield scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Grayson is $632/month compared to $598/month in Mayfield — a 6% difference. Home values follow the same pattern: Mayfield is more affordable at $114,400 median vs $125,600.

Median household income in Grayson is $28,548 compared to $41,458 in Mayfield (-31.1%). Mayfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grayson spend roughly 26.6% of their income on rent, more than the 17.3% in Mayfield.