Pikeville, KY vs St. Matthews, KY

There is a significant gap in the cost of living between these two cities. Pikeville is 15.5% cheaper than St. Matthews. With a cost index of 82 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pikeville to St. Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in Pikeville is $840/month compared to $1,253/month in St. Matthews — a 33% difference. Home values follow the same pattern: Pikeville is more affordable at $301,300 median vs $325,700.

Median household income in Pikeville is $39,216 compared to $80,716 in St. Matthews (-51.4%). While St. Matthews 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 18.6% in St. Matthews.