Hazel, KY vs Mount Olivet, KY
Mount Olivet is moderately more affordable than Hazel, with a 7.4% lower cost of living index. Hazel scores 61 compared to 57 for Mount Olivet, where the US average is 100. This difference means residents of Hazel can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hazel is $675/month compared to $605/month in Mount Olivet — a 12% difference. Home values follow the same pattern: Mount Olivet is more affordable at $72,100 median vs $108,600.
Median household income in Hazel is $37,679 compared to $26,786 in Mount Olivet (+40.7%). While Hazel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hazel spend roughly 21.5% of their income on rent, less than the 27.1% in Mount Olivet.
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