Cost of Living: Florence, KY vs Louisville/Jefferson County metro government (balance), KY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Florence, KY versus $4,254/mo in Louisville/Jefferson County metro government (balance), KY. In the model, rent is about 17.47% of gross in Florence, KY versus 15.58% in Louisville/Jefferson County metro government (balance), KY, so Louisville/Jefferson County metro government (balance), KY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Florence, KY and Louisville/Jefferson County metro government (balance), KY.
At a glance
- Cheaper overall (lower cost-of-living index): Louisville/Jefferson County metro government (balance), KY
- Lower rent (median 1BR/2BR): Louisville/Jefferson County metro government (balance), KY
- Lower home prices: Florence, KY
- Higher median household income: Florence, KY
Cost of Living Index
Florence, KY: 100 (U.S. = 100) · Louisville/Jefferson County metro government (balance), KY: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Florence, KY: $1,139/mo (midpoint of 1BR/2BR) · Louisville/Jefferson County metro government (balance), KY: $1,016/mo
Median rent in Florence, KY is $123/mo higher than in Louisville/Jefferson County metro government (balance), KY.
Median Home Price
Florence, KY: $196,200 · Louisville/Jefferson County metro government (balance), KY: $221,500
Median home price in Louisville/Jefferson County metro government (balance), KY is $25,300 higher than in Florence, KY.
Median Household Income
Florence, KY: $68,508 · Louisville/Jefferson County metro government (balance), KY: $64,731
Florence, KY has a higher median household income than Louisville/Jefferson County metro government (balance), KY by $3,777.
Florence, KY overview · Louisville/Jefferson County metro government (balance), KY overview · Popular comparisons