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Powderly, KY vs Springfield, KY

63
Powderly
Kentucky
VS
-6.2%
68
Springfield
Kentucky

Powderly is moderately more affordable than Springfield, with a 6.2% lower cost of living index. Powderly scores 63 compared to 68 for Springfield, where the US average is 100. This difference means residents of Springfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Powderly is $764/month compared to $752/month in Springfield — a 2% difference. Interestingly, home values tell a different story: while Springfield has cheaper rent, Powderly actually has lower median home values ($99,400 vs $154,800).

Median household income in Powderly is $49,653 compared to $40,890 in Springfield (+21.4%). Powderly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Powderly spend roughly 18.5% of their income on rent, less than the 22.1% in Springfield.

Income & Cost

Cost of Living Index
Powderly
63
6% cheaper
Springfield
68
Median Household Income
Powderly
$49,653
18% higher
Springfield
$40,890

Housing

Median Rent
Powderly
$764
Springfield
$752
2% cheaper
Median Home Value
Powderly
$99,400
36% cheaper
Springfield
$154,800
Population
Powderly
999
Springfield
2,871

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