Ludlow, KY vs Versailles, KY

Ludlow is moderately more affordable than Versailles, with a 6.9% lower cost of living index. Ludlow scores 79 compared to 85 for Versailles, where the US average is 100. This difference means residents of Versailles can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ludlow is $1,115/month compared to $1,051/month in Versailles — a 6% difference. Interestingly, home values tell a different story: while Versailles has cheaper rent, Ludlow actually has lower median home values ($154,700 vs $257,600).

Median household income in Ludlow is $58,295 compared to $58,834 in Versailles (-0.9%). Versailles 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 Ludlow spend roughly 23% of their income on rent, more than the 21.4% in Versailles.