Residential comparison · 13 facts
Florence, KY vs Independence, KY
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Florence needs about $82,500 in Independence to keep the same lifestyle.
Coming from Independence, $85,000 of lifestyle costs about $87,500 in Florence.
A few differences
- Independence is higher on median household income ($102,361 vs $71,003).
- Independence is lower on 2-bedroom rent ($1,241/mo vs $1,428/mo).
- Florence is lower on median home price ($210,700 vs $263,700).
Florence vs Independence · facet by facet
| Facet | Florence, KY | Independence, KY |
|---|---|---|
| Median home price | $210,700 | $263,700 |
| 2-bedroom rent | $1,428/mo | $1,241/mo |
| Property tax rate | 0.83% | 0.83% |
| State & local income tax | 5.45% | 5.45% |
| Sales tax | 6% | 6% |
| Cost of living index | 86 | 86 |
| Groceries index | 95 | 95 |
| Utilities | $160/mo | $160/mo |
| Median household income | $71,003 | $102,361 |
| Unemployment rate | 4.3% | 4.3% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.2/10 | 5.2/10 |
| Sunny days / year | 190 days | 190 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Florence, KY · Independence, KY
Questions & answers
- Is Florence cheaper than Independence?
- Florence and Independence display the same day-to-day cost index; the differences show up facet by facet in the table above.
- What household income in Independence equals $85,000 in Florence?
- A household earning $85,000 in Florence needs about $82,500 in Independence to keep the same lifestyle; coming the other way, $85,000 of Independence lifestyle costs about $87,500 in Florence.