Madisonville, KY vs Oak Grove, KY

Madisonville is moderately more affordable than Oak Grove, with a 12.2% lower cost of living index. Madisonville scores 71 compared to 80 for Oak Grove, where the US average is 100. This difference means residents of Oak Grove 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 $1,208/month in Oak Grove — a 29% difference. Interestingly, home values tell a different story: while Madisonville has cheaper rent, Oak Grove actually has lower median home values ($143,500 vs $152,300).

Median household income in Madisonville is $56,902 compared to $47,886 in Oak Grove (+18.8%). Madisonville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Madisonville spend roughly 18.1% of their income on rent, less than the 30.3% in Oak Grove. The Madisonville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.