Munfordville, KY vs Poplar Hills, KY
There is a significant gap in the cost of living between these two cities. Munfordville is 25.1% cheaper than Poplar Hills. With a cost index of 59 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Munfordville to Poplar Hills should plan for substantially higher expenses across most categories.
Renters will find that Munfordville has a median rent of $602/month while Poplar Hills comes in at $705/month, a 15% difference.
Median household income in Munfordville is $23,879 compared to $23,958 in Poplar Hills (-0.3%). Poplar Hills does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Munfordville spend roughly 30.3% of their income on rent, less than the 35.3% in Poplar Hills. The Munfordville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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