Guthrie, KY vs Lancaster, KY
Guthrie, KY and Lancaster, KY have a very similar cost of living, with only a 1.1% difference in their overall index. Guthrie scores 67 while Lancaster scores 66 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 Guthrie is $827/month compared to $768/month in Lancaster — a 8% difference. Interestingly, home values tell a different story: while Lancaster has cheaper rent, Guthrie actually has lower median home values ($122,200 vs $134,700).
Median household income in Guthrie is $34,803 compared to $45,795 in Lancaster (-24%). Lancaster offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Guthrie spend roughly 28.5% of their income on rent, more than the 20.1% in Lancaster.
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