St. Matthews, KY vs Taylor Mill, KY

There is a significant gap in the cost of living between these two cities. Taylor Mill is 15.7% cheaper than St. Matthews. With a cost index of 84 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taylor Mill to St. Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in St. Matthews is $1,253/month compared to $1,078/month in Taylor Mill — a 16% difference. Home values follow the same pattern: Taylor Mill is more affordable at $224,500 median vs $325,700.

Median household income in St. Matthews is $80,716 compared to $83,210 in Taylor Mill (-3%). Taylor Mill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of St. Matthews spend roughly 18.6% of their income on rent, more than the 15.5% in Taylor Mill.