Wilmore, KY vs. Georgetown, KY: Cost of Living Comparison (2025)
Considering a move to charming Wilmore or historic Georgetown, Kentucky? Let’s dive into a rapid-fire cost of living comparison to see which city best fits your budget and lifestyle in 2025:
- 🏠 Median home price: Wilmore $175K vs Georgetown $220K
- 🛋️ Average 2BR rent: Wilmore $850/mo vs Georgetown $1050/mo
- ⚡ Typical utility bills: Wilmore $180/mo vs Georgetown $210/mo
- 🥑 Grocery costs for family of 4: Wilmore $800/mo vs Georgetown $850/mo
For a more detailed breakdown, read on as we compare the average monthly expenses in Wilmore, KY and Georgetown across major cost of living categories. All figures reflect gross monthly pre-tax costs.
1. Housing Costs
One of the biggest factors in the cost of living is housing. Here’s how Wilmore and Georgetown stack up for typical housing options:
| Housing Type | Wilmore | Georgetown |
|---|---|---|
| Median Home Price | $175,000 | $220,000 |
| Mortgage Payment (20% down) | $850 | $1,070 |
| 2BR Apartment Rent | $850 | $1,050 |
| 3BR House Rent | $1,200 | $1,450 |
🏆 Winner: Wilmore. Housing costs across the board are about 20% lower in Wilmore compared to Georgetown.
2. Utilities and Energy Costs
Utility bills can add up quickly. Here’s what you can expect to pay monthly in Wilmore vs Georgetown:
- Wilmore: $180/month (electric, gas, water, sewer, trash)
- Georgetown: $210/month
Costs are slightly higher in the summer due to air conditioning. Both cities offer level pay plans to even out seasonal spikes.
🏆 Winner: Wilmore, with utility costs averaging $30/month less than Georgetown.
3. Groceries and Daily Expenses
For a family of four, expect to spend around $800 per month on groceries in Wilmore compared to $850 in Georgetown. Restaurant prices are comparable, with a meal out for two averaging $40 in both cities.
🏆 Winner: Wilmore edges out Georgetown by about $50/month on food costs for a typical household.
4. Taxes and Fees
Wilmore has slightly lower property taxes with an average rate of 0.85% vs 0.92% in Georgetown. However, Georgetown offers a homestead exemption for seniors and disabled veterans.
HOA fees are uncommon in both cities, with most neighborhoods not having an HOA.
🏆 Winner: It’s close, but Wilmore takes the slight edge on property taxes.
5. Cost Summary
| Expense | Wilmore | Georgetown |
|---|---|---|
| Housing (Mortgage or Rent) | $850 – $1,200 | $1,050 – $1,450 |
| Utilities | $180 | $210 |
| Groceries | $800 | $850 |
| Transportation | $300 | $300 |
| Misc Expenses | $400 | $400 |
| Estimated Monthly Total | $2,530 – $2,880 | $2,810 – $3,210 |
6. Lifestyle Fit
While Wilmore offers a lower cost of living overall, Georgetown provides more amenities like shopping, dining and quick access to Lexington. Wilmore has a quaint, walkable downtown while Georgetown offers more suburban comforts. Wilmore averages 2°F cooler than Georgetown in the summer months.
7. Frequently Asked Questions
Q: Is Wilmore more affordable than Georgetown?
A: Yes, the cost of living in Wilmore is about 10% lower than Georgetown across major expense categories.
Q: Which city has lower rent?
A: Wilmore has lower rent, with a 2BR apartment averaging $850/month compared to $1,050/month in Georgetown.
Q: Where is it cheaper to buy a home?
A: Wilmore has a lower median home price of $175,000 vs $220,000 in Georgetown, translating to a mortgage payment that’s $220 less per month.
8. Conclusion
For those seeking an affordable cost of living in a charming Kentucky town, Wilmore comes out ahead of Georgetown in most expense categories. However, Georgetown offers more conveniences and amenities that may be worth the 10% higher cost of living for some.
Budgets are highly personal, so we recommend diving deeper into the true cost of living in Wilmore and Georgetown based on your unique spending habits and lifestyle. And if a move is in your future, be sure to check out our guide to the best moving companies to find vetted, affordable movers.