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Heritage Creek, KY vs Phelps, KY

93
Heritage Creek
Kentucky
VS
+14.2%
81
Phelps
Kentucky

Phelps is moderately more affordable than Heritage Creek, with a 14.2% lower cost of living index. Heritage Creek scores 93 compared to 81 for Phelps, where the US average is 100. This difference means residents of Heritage Creek can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Heritage Creek are $245,900 compared to $111,600 in Phelps, a 120% gap.

Median household income in Heritage Creek is $96,696 compared to $28,542 in Phelps (+238.8%). While Heritage Creek is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Heritage Creek
93
Phelps
81
12% cheaper
Median Household Income
Heritage Creek
$96,696
70% higher
Phelps
$28,542

Housing

Median Rent
Heritage Creek
Phelps
Median Home Value
Heritage Creek
$245,900
Phelps
$111,600
55% cheaper
Population
Heritage Creek
1,090
Phelps
387

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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