Scottsville, KY vs Stearns, KY
There is a significant gap in the cost of living between these two cities. Scottsville is 17.3% cheaper than Stearns. With a cost index of 62 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Scottsville to Stearns should plan for substantially higher expenses across most categories.
Renters will find that Scottsville has a median rent of $621/month while Stearns comes in at $581/month, a 7% difference.
Median household income in Scottsville is $36,259 compared to $36,964 in Stearns (-1.9%). Stearns does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Scottsville spend roughly 20.6% of their income on rent, more than the 18.9% in Stearns.
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