Nicholasville, KY vs St. Matthews, KY

There is a significant gap in the cost of living between these two cities. Nicholasville is 17.9% cheaper than St. Matthews. With a cost index of 80 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nicholasville to St. Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in Nicholasville is $996/month compared to $1,253/month in St. Matthews — a 21% difference. Home values follow the same pattern: Nicholasville is more affordable at $210,700 median vs $325,700.

Median household income in Nicholasville is $67,514 compared to $80,716 in St. Matthews (-16.4%). The higher salaries in St. Matthews partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Nicholasville spend roughly 17.7% of their income on rent, less than the 18.6% in St. Matthews.