Owenton, KY vs Scottsville, KY
Owenton, KY and Scottsville, KY have a very similar cost of living, with only a 1% difference in their overall index. Owenton scores 62 while Scottsville scores 62 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 Owenton is $664/month compared to $621/month in Scottsville — a 7% difference. Interestingly, home values tell a different story: while Scottsville has cheaper rent, Owenton actually has lower median home values ($124,300 vs $140,600).
Median household income in Owenton is $52,121 compared to $36,259 in Scottsville (+43.7%). While Owenton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Owenton spend roughly 15.3% of their income on rent, less than the 20.6% in Scottsville.
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