Shelbyville, KY vs Taylor Mill, KY

Shelbyville, KY and Taylor Mill, KY have a very similar cost of living, with only a 2.6% difference in their overall index. Shelbyville scores 82 while Taylor Mill scores 84 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 Shelbyville is $979/month compared to $1,078/month in Taylor Mill — a 9% difference. Interestingly, home values tell a different story: while Shelbyville has cheaper rent, Taylor Mill actually has lower median home values ($224,500 vs $238,600).

Median household income in Shelbyville is $73,733 compared to $83,210 in Taylor Mill (-11.4%). While Taylor Mill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shelbyville spend roughly 15.9% of their income on rent, more than the 15.5% in Taylor Mill.