Greenville, KY vs Somerset, KY

Greenville is moderately more affordable than Somerset, with a 9.9% lower cost of living index. Greenville scores 62 compared to 69 for Somerset, where the US average is 100. This difference means residents of Somerset can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greenville is $666/month compared to $830/month in Somerset — a 20% difference. Home values follow the same pattern: Greenville is more affordable at $118,500 median vs $140,900.

Median household income in Greenville is $70,401 compared to $32,910 in Somerset (+113.9%). Greenville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Greenville spend roughly 11.4% of their income on rent, less than the 30.3% in Somerset. The Greenville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.