Mount Sterling, KY vs Tompkinsville, KY
Tompkinsville is moderately more affordable than Mount Sterling, with a 11.7% lower cost of living index. Mount Sterling scores 64 compared to 57 for Tompkinsville, where the US average is 100. This difference means residents of Mount Sterling can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Mount Sterling is $564/month compared to $600/month in Tompkinsville — a 6% difference. Interestingly, home values tell a different story: while Mount Sterling has cheaper rent, Tompkinsville actually has lower median home values ($86,100 vs $178,200).
Median household income in Mount Sterling is $50,843 compared to $37,405 in Tompkinsville (+35.9%). While Mount Sterling is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mount Sterling spend roughly 13.3% of their income on rent, less than the 19.2% in Tompkinsville.
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