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Russell Springs, KY vs Wheelwright, KY

69
Russell Springs
Kentucky
VS
+23.9%
55
Wheelwright
Kentucky

There is a significant gap in the cost of living between these two cities. Wheelwright is 23.9% cheaper than Russell Springs. With a cost index of 55 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wheelwright to Russell Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Russell Springs is $747/month compared to $538/month in Wheelwright — a 39% difference. Home values follow the same pattern: Wheelwright is more affordable at $85,700 median vs $170,300.

Median household income in Russell Springs is $37,500 compared to $58,250 in Wheelwright (-35.6%). Wheelwright offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Russell Springs spend roughly 23.9% of their income on rent, more than the 11.1% in Wheelwright.

Income & Cost

Cost of Living Index
Russell Springs
69
Wheelwright
55
19% cheaper
Median Household Income
Russell Springs
$37,500
Wheelwright
$58,250
36% higher

Housing

Median Rent
Russell Springs
$747
Wheelwright
$538
28% cheaper
Median Home Value
Russell Springs
$170,300
Wheelwright
$85,700
50% cheaper
Population
Russell Springs
2,755
Wheelwright
945

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