Lewisport, KY vs Monticello, KY

Lewisport, KY and Monticello, KY have a very similar cost of living, with only a 2.5% difference in their overall index. Lewisport scores 65 while Monticello scores 63 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 Lewisport is $757/month compared to $679/month in Monticello — a 12% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Lewisport actually has lower median home values ($125,300 vs $125,800).

Median household income in Lewisport is $51,847 compared to $37,733 in Monticello (+37.4%). While Lewisport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lewisport spend roughly 17.5% of their income on rent, less than the 21.6% in Monticello.