Murray, KY vs Pikeville, KY

Murray is moderately more affordable than Pikeville, with a 11% lower cost of living index. Murray scores 73 compared to 82 for Pikeville, where the US average is 100. This difference means residents of Pikeville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Murray is $835/month compared to $840/month in Pikeville — a 1% difference. Home values follow the same pattern: Murray is more affordable at $193,300 median vs $301,300.

Median household income in Murray is $40,348 compared to $39,216 in Pikeville (+2.9%). Murray offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Murray spend roughly 24.8% of their income on rent, less than the 25.7% in Pikeville.