Nicholasville, KY vs Shelbyville, KY

Nicholasville, KY and Shelbyville, KY have a very similar cost of living, with only a 2.5% difference in their overall index. Nicholasville scores 80 while Shelbyville scores 82 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 Nicholasville is $996/month compared to $979/month in Shelbyville — a 2% difference. Interestingly, home values tell a different story: while Shelbyville has cheaper rent, Nicholasville actually has lower median home values ($210,700 vs $238,600).

Median household income in Nicholasville is $67,514 compared to $73,733 in Shelbyville (-8.4%). While Shelbyville 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, more than the 15.9% in Shelbyville.