Madisonville, KY vs Versailles, KY

There is a significant gap in the cost of living between these two cities. Madisonville is 17.2% cheaper than Versailles. With a cost index of 71 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madisonville to Versailles should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madisonville is $860/month compared to $1,051/month in Versailles — a 18% difference. Home values follow the same pattern: Madisonville is more affordable at $152,300 median vs $257,600.

Median household income in Madisonville is $56,902 compared to $58,834 in Versailles (-3.3%). 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 Madisonville spend roughly 18.1% of their income on rent, less than the 21.4% in Versailles.