Madisonville, KY vs Nicholasville, KY

Madisonville is moderately more affordable than Nicholasville, with a 11.5% lower cost of living index. Madisonville scores 71 compared to 80 for Nicholasville, where the US average is 100. This difference means residents of Nicholasville 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 $996/month in Nicholasville — a 14% difference. Home values follow the same pattern: Madisonville is more affordable at $152,300 median vs $210,700.

Median household income in Madisonville is $56,902 compared to $67,514 in Nicholasville (-15.7%). While Nicholasville 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 17.7% in Nicholasville.