Paintsville, KY vs Stearns, KY
There is a significant gap in the cost of living between these two cities. Paintsville is 19.3% cheaper than Stearns. With a cost index of 60 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Paintsville to Stearns should plan for substantially higher expenses across most categories.
Renters will find that Paintsville has a median rent of $631/month while Stearns comes in at $581/month, a 9% difference.
Median household income in Paintsville is $26,713 compared to $36,964 in Stearns (-27.7%). While Stearns is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Paintsville spend roughly 28.3% of their income on rent, more than the 18.9% in Stearns.
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