Hazard, KY vs Midway, KY
There is a significant gap in the cost of living between these two cities. Hazard is 17.7% cheaper than Midway. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hazard to Midway should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hazard is $718/month compared to $902/month in Midway — a 20% difference. Home values follow the same pattern: Hazard is more affordable at $146,100 median vs $247,700.
Median household income in Hazard is $68,582 compared to $59,609 in Midway (+15.1%). 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 18.2% in Midway.
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