Irvington, KY vs Phelps, KY
There is a significant gap in the cost of living between these two cities. Irvington is 23.5% cheaper than Phelps. With a cost index of 62 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Irvington to Phelps should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Irvington are $113,500 compared to $111,600 in Phelps, a 2% gap.
Median household income in Irvington is $48,750 compared to $28,542 in Phelps (+70.8%). Irvington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
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