Irvine, KY vs Mount Sterling, KY

Irvine, KY and Mount Sterling, KY have a very similar cost of living, with only a 3.9% difference in their overall index. Irvine scores 62 while Mount Sterling scores 64 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 Irvine is $639/month compared to $564/month in Mount Sterling — a 13% difference. Interestingly, home values tell a different story: while Mount Sterling has cheaper rent, Irvine actually has lower median home values ($123,400 vs $178,200).

Median household income in Irvine is $36,292 compared to $50,843 in Mount Sterling (-28.6%). While Mount Sterling is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Irvine spend roughly 21.1% of their income on rent, more than the 13.3% in Mount Sterling.