Olive Hill, KY vs Paintsville, KY

Olive Hill is moderately more affordable than Paintsville, with a 8.2% lower cost of living index. Olive Hill scores 55 compared to 60 for Paintsville, where the US average is 100. This difference means residents of Paintsville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Olive Hill is $508/month compared to $631/month in Paintsville — a 20% difference. Interestingly, home values tell a different story: while Olive Hill has cheaper rent, Paintsville actually has lower median home values ($110,800 vs $111,100).

Median household income in Olive Hill is $69,063 compared to $26,713 in Paintsville (+158.5%). Olive Hill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Olive Hill spend roughly 8.8% of their income on rent, less than the 28.3% in Paintsville.