Harrodsburg, KY vs Madisonville, KY
Harrodsburg is moderately more affordable than Madisonville, with a 6.1% lower cost of living index. Harrodsburg scores 66 compared to 71 for Madisonville, where the US average is 100. This difference means residents of Madisonville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Harrodsburg is $738/month compared to $860/month in Madisonville — a 14% difference. Home values follow the same pattern: Harrodsburg is more affordable at $145,100 median vs $152,300.
Median household income in Harrodsburg is $46,821 compared to $56,902 in Madisonville (-17.7%). While Madisonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Harrodsburg spend roughly 18.9% of their income on rent, more than the 18.1% in Madisonville.
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