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Hazard, KY vs Lawrenceburg, KY

66
Hazard
Kentucky
VS
-12.4%
75
Lawrenceburg
Kentucky

Hazard is moderately more affordable than Lawrenceburg, with a 12.4% lower cost of living index. Hazard scores 66 compared to 75 for Lawrenceburg, where the US average is 100. This difference means residents of Lawrenceburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hazard is $718/month compared to $901/month in Lawrenceburg — a 20% difference. Home values follow the same pattern: Hazard is more affordable at $146,100 median vs $185,400.

Median household income in Hazard is $68,582 compared to $63,690 in Lawrenceburg (+7.7%). Hazard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hazard spend roughly 12.6% of their income on rent, less than the 17% in Lawrenceburg.

Income & Cost

Cost of Living Index
Hazard
66
12% cheaper
Lawrenceburg
75
Median Household Income
Hazard
$68,582
7% higher
Lawrenceburg
$63,690

Housing

Median Rent
Hazard
$718
20% cheaper
Lawrenceburg
$901
Median Home Value
Hazard
$146,100
21% cheaper
Lawrenceburg
$185,400
Population
Hazard
5,105
Lawrenceburg
11,838

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hazard
Lawrenceburg $2.89
US $3.07
🥚
Eggs (grade A, large)
Hazard
Lawrenceburg $2.36
US $2.50
🥛
Milk (whole)
Hazard
Lawrenceburg $3.80
US $4.03
🍞
Bread (white)
Hazard
Lawrenceburg $1.75
US $1.85
🍗
Chicken breast
Hazard
Lawrenceburg $3.91
US $4.14
Electricity
Hazard
Lawrenceburg $0.15
US $0.19