McKee, KY vs Mount Vernon, KY
There is a significant gap in the cost of living between these two cities. McKee is 17.7% cheaper than Mount Vernon. With a cost index of 50 vs 60, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McKee to Mount Vernon should plan for substantially higher expenses across most categories.
On the housing front, median rent in McKee is $281/month compared to $660/month in Mount Vernon — a 57% difference. Interestingly, home values tell a different story: while McKee has cheaper rent, Mount Vernon actually has lower median home values ($100,500 vs $110,300).
Median household income in McKee is $20,608 compared to $38,639 in Mount Vernon (-46.7%). While Mount Vernon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McKee spend roughly 16.4% of their income on rent, less than the 20.5% in Mount Vernon.
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