Madisonville, KY vs Mount Sterling, KY

Mount Sterling is moderately more affordable than Madisonville, with a 10.3% lower cost of living index. Madisonville scores 71 compared to 64 for Mount Sterling, where the US average is 100. This difference means residents of Madisonville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madisonville is $860/month compared to $564/month in Mount Sterling — a 53% difference. Interestingly, home values tell a different story: while Mount Sterling has cheaper rent, Madisonville actually has lower median home values ($152,300 vs $178,200).

Median household income in Madisonville is $56,902 compared to $50,843 in Mount Sterling (+11.9%). While Madisonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madisonville spend roughly 18.1% of their income on rent, more than the 13.3% in Mount Sterling.