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Morganfield, KY vs Philpot, KY

67
Morganfield
Kentucky
VS
-26.7%
91
Philpot
Kentucky

There is a significant gap in the cost of living between these two cities. Morganfield is 26.7% cheaper than Philpot. With a cost index of 67 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Morganfield to Philpot should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Morganfield are $116,100 compared to $242,100 in Philpot, a 52% gap.

Median household income in Morganfield is $63,546 compared to $85,833 in Philpot (-26%). The higher salaries in Philpot partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Morganfield
67
27% cheaper
Philpot
91
Median Household Income
Morganfield
$63,546
Philpot
$85,833
26% higher

Housing

Median Rent
Morganfield
$830
Philpot
Median Home Value
Morganfield
$116,100
52% cheaper
Philpot
$242,100
Population
Morganfield
3,208
Philpot
1,098

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Morganfield
Philpot $2.89
US $3.07
🥚
Eggs (grade A, large)
Morganfield
Philpot $2.36
US $2.50
🥛
Milk (whole)
Morganfield
Philpot $3.80
US $4.03
🍞
Bread (white)
Morganfield
Philpot $1.75
US $1.85
🍗
Chicken breast
Morganfield
Philpot $3.91
US $4.14
Electricity
Morganfield
Philpot $0.15
US $0.19