Hazard, KY vs Owingsville, KY

There is a significant gap in the cost of living between these two cities. Owingsville is 18.1% cheaper than Hazard. With a cost index of 56 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Owingsville to Hazard should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hazard is $718/month compared to $529/month in Owingsville — a 36% difference. Home values follow the same pattern: Owingsville is more affordable at $92,700 median vs $146,100.

Median household income in Hazard is $68,582 compared to $40,150 in Owingsville (+70.8%). 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 15.8% in Owingsville.