St. Matthews, KY vs Wilmore, KY
There is a significant gap in the cost of living between these two cities. Wilmore is 28.8% cheaper than St. Matthews. With a cost index of 76 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wilmore 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 $855/month in Wilmore — a 47% difference. Home values follow the same pattern: Wilmore is more affordable at $210,700 median vs $325,700.
Median household income in St. Matthews is $80,716 compared to $64,245 in Wilmore (+25.6%). The higher salaries in St. Matthews partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of St. Matthews spend roughly 18.6% of their income on rent, more than the 16% in Wilmore.
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