Jeffersontown, KY vs St. Matthews, KY
Jeffersontown is moderately more affordable than St. Matthews, with a 7.5% lower cost of living index. Jeffersontown scores 90 compared to 97 for St. Matthews, where the US average is 100. This difference means residents of St. Matthews can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Jeffersontown is $1,253/month compared to $1,253/month in St. Matthews — a 0% difference. Interestingly, home values tell a different story: while St. Matthews has cheaper rent, Jeffersontown actually has lower median home values ($236,800 vs $325,700).
Median household income in Jeffersontown is $78,185 compared to $80,716 in St. Matthews (-3.1%). St. Matthews does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Jeffersontown spend roughly 19.2% of their income on rent, more than the 18.6% in St. Matthews.
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