Nicholasville, KY vs Owensboro, KY

Owensboro is moderately more affordable than Nicholasville, with a 10.9% lower cost of living index. Nicholasville scores 80 compared to 72 for Owensboro, where the US average is 100. This difference means residents of Nicholasville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Nicholasville is $996/month compared to $900/month in Owensboro — a 11% difference. Home values follow the same pattern: Owensboro is more affordable at $162,900 median vs $210,700.

Median household income in Nicholasville is $67,514 compared to $53,295 in Owensboro (+26.7%). While Nicholasville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Nicholasville spend roughly 17.7% of their income on rent, less than the 20.3% in Owensboro.