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Mortons Gap, KY vs Raceland, KY

61
Mortons Gap
Kentucky
VS
-6.1%
65
Raceland
Kentucky

Mortons Gap is moderately more affordable than Raceland, with a 6.1% lower cost of living index. Mortons Gap scores 61 compared to 65 for Raceland, where the US average is 100. This difference means residents of Raceland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mortons Gap is $688/month compared to $809/month in Raceland — a 15% difference. Home values follow the same pattern: Mortons Gap is more affordable at $99,000 median vs $117,800.

Median household income in Mortons Gap is $38,750 compared to $61,923 in Raceland (-37.4%). While Raceland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mortons Gap spend roughly 21.3% of their income on rent, more than the 15.7% in Raceland.

Income & Cost

Cost of Living Index
Mortons Gap
61
6% cheaper
Raceland
65
Median Household Income
Mortons Gap
$38,750
Raceland
$61,923
37% higher

Housing

Median Rent
Mortons Gap
$688
15% cheaper
Raceland
$809
Median Home Value
Mortons Gap
$99,000
16% cheaper
Raceland
$117,800
Population
Mortons Gap
746
Raceland
2,173

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mortons Gap $2.89
Raceland $2.93
US $3.07
🥚
Eggs (grade A, large)
Mortons Gap $2.36
Raceland $2.39
US $2.50
🥛
Milk (whole)
Mortons Gap $3.80
Raceland $3.84
US $4.03
🍞
Bread (white)
Mortons Gap $1.75
Raceland $1.77
US $1.85
🍗
Chicken breast
Mortons Gap $3.91
Raceland $3.95
US $4.14
Electricity
Mortons Gap $0.15
Raceland $0.16
US $0.19