Hazard, KY vs Lewisport, KY
Hazard, KY and Lewisport, KY have a very similar cost of living, with only a 2% difference in their overall index. Hazard scores 66 while Lewisport scores 65 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 Hazard is $718/month compared to $757/month in Lewisport — a 5% difference. Interestingly, home values tell a different story: while Hazard has cheaper rent, Lewisport actually has lower median home values ($125,300 vs $146,100).
Median household income in Hazard is $68,582 compared to $51,847 in Lewisport (+32.3%). While Hazard is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hazard spend roughly 12.6% of their income on rent, less than the 17.5% in Lewisport.
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