Hazel, KY vs Raywick, KY

Hazel, KY and Raywick, KY have a very similar cost of living, with only a 0% difference in their overall index. Hazel scores 61 while Raywick scores 61 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 Hazel is $675/month compared to $675/month in Raywick — a 0% difference. Interestingly, home values tell a different story: while Raywick has cheaper rent, Hazel actually has lower median home values ($108,600 vs $108,800).

Median household income in Hazel is $37,679 compared to $51,250 in Raywick (-26.5%). While Raywick 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, more than the 15.8% in Raywick.