Milton, KY vs Raceland, KY

Raceland is moderately more affordable than Milton, with a 8.4% lower cost of living index. Milton scores 70 compared to 65 for Raceland, where the US average is 100. This difference means residents of Milton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milton is $830/month compared to $809/month in Raceland — a 3% difference. Home values follow the same pattern: Raceland is more affordable at $117,800 median vs $160,900.

Median household income in Milton is $57,188 compared to $61,923 in Raceland (-7.6%). Raceland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milton spend roughly 17.4% of their income on rent, more than the 15.7% in Raceland.