Pikeville, KY vs Simpsonville, KY

Pikeville, KY and Simpsonville, KY have a very similar cost of living, with only a 3.2% difference in their overall index. Pikeville scores 82 while Simpsonville scores 85 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 Pikeville is $840/month compared to $1,038/month in Simpsonville — a 19% difference. Interestingly, home values tell a different story: while Pikeville has cheaper rent, Simpsonville actually has lower median home values ($255,400 vs $301,300).

Median household income in Pikeville is $39,216 compared to $91,221 in Simpsonville (-57%). While Simpsonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Pikeville spend roughly 25.7% of their income on rent, more than the 13.7% in Simpsonville.