London, KY vs Simpsonville, KY
There is a significant gap in the cost of living between these two cities. London is 19.3% cheaper than Simpsonville. With a cost index of 69 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from London to Simpsonville should plan for substantially higher expenses across most categories.
On the housing front, median rent in London is $783/month compared to $1,038/month in Simpsonville — a 25% difference. Home values follow the same pattern: London is more affordable at $155,500 median vs $255,400.
Median household income in London is $45,850 compared to $91,221 in Simpsonville (-49.7%). While Simpsonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of London spend roughly 20.5% of their income on rent, more than the 13.7% in Simpsonville.
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