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Olive Hill, KY vs Scottsville, KY

55
Olive Hill
Kentucky
VS
-10.5%
62
Scottsville
Kentucky

Olive Hill is moderately more affordable than Scottsville, with a 10.5% lower cost of living index. Olive Hill scores 55 compared to 62 for Scottsville, where the US average is 100. This difference means residents of Scottsville 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 $621/month in Scottsville — a 18% difference. Home values follow the same pattern: Olive Hill is more affordable at $111,100 median vs $140,600.

Median household income in Olive Hill is $69,063 compared to $36,259 in Scottsville (+90.5%). 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 20.6% in Scottsville.

Income & Cost

Cost of Living Index
Olive Hill
55
10% cheaper
Scottsville
62
Median Household Income
Olive Hill
$69,063
47% higher
Scottsville
$36,259

Housing

Median Rent
Olive Hill
$508
18% cheaper
Scottsville
$621
Median Home Value
Olive Hill
$111,100
21% cheaper
Scottsville
$140,600
Population
Olive Hill
1,488
Scottsville
4,391

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Olive Hill $2.93
Scottsville $2.89
US $3.07
🥚
Eggs (grade A, large)
Olive Hill $2.39
Scottsville $2.36
US $2.50
🥛
Milk (whole)
Olive Hill $3.84
Scottsville $3.80
US $4.03
🍞
Bread (white)
Olive Hill $1.77
Scottsville $1.75
US $1.85
🍗
Chicken breast
Olive Hill $3.95
Scottsville $3.91
US $4.14
Electricity
Olive Hill $0.16
Scottsville $0.15
US $0.19