Mount Washington, KY vs Taylor Mill, KY

Mount Washington, KY and Taylor Mill, KY have a very similar cost of living, with only a 3.3% difference in their overall index. Mount Washington scores 81 while Taylor Mill scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Mount Washington is $919/month compared to $1,078/month in Taylor Mill — a 15% difference. Interestingly, home values tell a different story: while Mount Washington has cheaper rent, Taylor Mill actually has lower median home values ($224,500 vs $253,700).

Median household income in Mount Washington is $93,852 compared to $83,210 in Taylor Mill (+12.8%). Mount Washington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mount Washington spend roughly 11.8% of their income on rent, less than the 15.5% in Taylor Mill.