Oak Grove, KY vs Russell Springs, KY
There is a significant gap in the cost of living between these two cities. Russell Springs is 17.1% cheaper than Oak Grove. With a cost index of 69 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Russell Springs to Oak Grove should plan for substantially higher expenses across most categories.
On the housing front, median rent in Oak Grove is $1,208/month compared to $747/month in Russell Springs — a 62% difference. Interestingly, home values tell a different story: while Russell Springs has cheaper rent, Oak Grove actually has lower median home values ($143,500 vs $170,300).
Median household income in Oak Grove is $47,886 compared to $37,500 in Russell Springs (+27.7%). While Oak Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oak Grove spend roughly 30.3% of their income on rent, more than the 23.9% in Russell Springs. The Russell Springs ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area