London, KY vs St. Matthews, KY

There is a significant gap in the cost of living between these two cities. London is 29.5% cheaper than St. Matthews. With a cost index of 69 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from London to St. Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in London is $783/month compared to $1,253/month in St. Matthews — a 38% difference. Home values follow the same pattern: London is more affordable at $155,500 median vs $325,700.

Median household income in London is $45,850 compared to $80,716 in St. Matthews (-43.2%). While St. Matthews 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 18.6% in St. Matthews.