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Irvington, KY vs Phelps, KY

62
Irvington
Kentucky
VS
-23.5%
81
Phelps
Kentucky

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.

Income & Cost

Cost of Living Index
Irvington
62
24% cheaper
Phelps
81
Median Household Income
Irvington
$48,750
41% higher
Phelps
$28,542

Housing

Median Rent
Irvington
$667
Phelps
Median Home Value
Irvington
$113,500
Phelps
$111,600
2% cheaper
Population
Irvington
1,129
Phelps
387

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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