Cost of Living: Georgetown, KY vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Georgetown, KY versus $4,116/mo in New York, NY. In the model, rent is about 17.47% of gross in Georgetown, KY versus 25.92% in New York, NY, so Georgetown, KY tends to feel more affordable for rent.

Take-home in Georgetown, KY
$4,254/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Georgetown, KY
17.47%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Georgetown, KY and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Georgetown, KY
  • Lower rent (median 1BR/2BR): Georgetown, KY
  • Lower home prices: Georgetown, KY
  • Higher median household income: New York, NY

Cost of Living Index

Georgetown, KY: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Georgetown, KY has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Georgetown, KY: $1,139/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $551/mo higher than in Georgetown, KY.

Median Home Price

Georgetown, KY: $244,200 · New York, NY: $751,700

Median home price in New York, NY is $507,500 higher than in Georgetown, KY.

Median Household Income

Georgetown, KY: $78,373 · New York, NY: $79,713

New York, NY has a higher median household income than Georgetown, KY by $1,340.

Georgetown, KY overview · New York, NY overview · Popular comparisons