Median rent is 10% lower in Georgetown ($1,199/mo vs $1,332/mo). Buying is cheaper in Georgetown, where the median home runs $244,200 versus $320,300. Households earn more in Georgetown ($78,373 vs $67,482 a year). Taken together, Ormond Beach is the more affordable choice with a cost index of 98.8 against 98.8 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Georgetown, KY.
City A
Georgetown, KY
City B
Ormond Beach, FL
How much would you need to earn in Ormond Beach, FL to maintain your standard of living from Georgetown, KY?
Equivalent salary in Ormond Beach, FL
$74,998
You could earn $2 less (0% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Georgetown
Kentucky
Ormond Beach
Florida
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rent is modestly lower in Georgetown at $1,199/mo compared to $1,332/mo in Ormond Beach (10% gap). Home buyers face a steeper market in Ormond Beach: the median home is $320,300 versus $244,200 in Georgetown — 24% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Florida has no state income tax, while Kentucky tops out at 4.00% — giving Ormond Beach a clear advantage for high earners. Sales tax is 6.00% in Kentucky and 6.00% in Florida; Ormond Beach has the lower rate (local add-ons may apply in both).
Georgetown
Income tax: 4.00%
Sales tax: 6.00%
Ormond Beach
Income tax: None
Sales tax: 6.00%
Air quality data is not yet available for these cities.
Pick Georgetown if you prioritize higher median household income ($78,373/yr).
Pick Ormond Beach if you prioritize no state income tax.
Is Georgetown cheaper than Ormond Beach?
Ormond Beach is cheaper overall, with a cost of living index of 98.8 versus 98.8 (US average = 100). That means prices run about 0% lower in Ormond Beach.
How much is rent in Georgetown vs Ormond Beach?
Median rent is $1,199/mo in Georgetown, KY and $1,332/mo in Ormond Beach, FL. Georgetown, KY has the lower rent by about 10%.
Which has higher salaries — Georgetown or Ormond Beach?
Median household income is $78,373 in Georgetown, KY and $67,482 in Ormond Beach, FL. Georgetown, KY has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Georgetown or Ormond Beach?
Florida has no state income tax. Kentucky has a top rate of 4.00%.
What salary do I need in Ormond Beach to match my Georgetown income?
To maintain the same purchasing power, a salary of $100,000 in Georgetown, KY is equivalent to roughly $99,998 in Ormond Beach, FL (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology