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Hebron Estates, KY vs Morganfield, KY

78
Hebron Estates
Kentucky
VS
+17%
67
Morganfield
Kentucky

There is a significant gap in the cost of living between these two cities. Morganfield is 17% cheaper than Hebron Estates. With a cost index of 67 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Morganfield to Hebron Estates should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hebron Estates is $775/month compared to $830/month in Morganfield — a 7% difference. Interestingly, home values tell a different story: while Hebron Estates has cheaper rent, Morganfield actually has lower median home values ($116,100 vs $268,800).

Median household income in Hebron Estates is $57,375 compared to $63,546 in Morganfield (-9.7%). Morganfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hebron Estates spend roughly 16.2% of their income on rent, more than the 15.7% in Morganfield.

Income & Cost

Cost of Living Index
Hebron Estates
78
Morganfield
67
15% cheaper
Median Household Income
Hebron Estates
$57,375
Morganfield
$63,546
10% higher

Housing

Median Rent
Hebron Estates
$775
7% cheaper
Morganfield
$830
Median Home Value
Hebron Estates
$268,800
Morganfield
$116,100
57% cheaper
Population
Hebron Estates
1,262
Morganfield
3,208

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hebron Estates $2.89
Morganfield
US $3.07
🥚
Eggs (grade A, large)
Hebron Estates $2.36
Morganfield
US $2.50
🥛
Milk (whole)
Hebron Estates $3.80
Morganfield
US $4.03
🍞
Bread (white)
Hebron Estates $1.75
Morganfield
US $1.85
🍗
Chicken breast
Hebron Estates $3.91
Morganfield
US $4.14
Electricity
Hebron Estates $0.15
Morganfield
US $0.19