Mount Vernon, KY vs New Haven, KY

Mount Vernon is moderately more affordable than New Haven, with a 12.3% lower cost of living index. Mount Vernon scores 60 compared to 69 for New Haven, where the US average is 100. This difference means residents of New Haven can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mount Vernon is $660/month compared to $808/month in New Haven — a 18% difference. Home values follow the same pattern: Mount Vernon is more affordable at $100,500 median vs $143,100.

Median household income in Mount Vernon is $38,639 compared to $68,977 in New Haven (-44%). While New Haven 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 Vernon spend roughly 20.5% of their income on rent, more than the 14.1% in New Haven.