Shively, KY vs Walton, KY

There is a significant gap in the cost of living between these two cities. Shively is 15.5% cheaper than Walton. With a cost index of 70 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shively to Walton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Shively is $847/month compared to $1,021/month in Walton — a 17% difference. Home values follow the same pattern: Shively is more affordable at $139,200 median vs $226,200.

Median household income in Shively is $46,522 compared to $76,375 in Walton (-39.1%). While Walton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shively spend roughly 21.8% of their income on rent, more than the 16% in Walton.