Versailles, KY vs. Georgetown, KY: Cost of Living Comparison (2025)
This article provides a cost of living comparison: Versailles vs Georgetown. It is perfect for families relocating, professionals choosing between job offers, or anyone comparing the real-life cost of Versailles vs Georgetown in 2025.
1. Housing Costs
Housing is one of the biggest factors in the cost of living difference between Versailles and Georgetown. Here’s how typical rent and mortgage costs compare:
| Housing Type | Versailles | Georgetown |
|---|---|---|
| 2BR Apartment (Monthly Rent) | $950 | $1,100 |
| 3BR House (Median Price) | $280,000 | $325,000 |
🏆 Winner: Versailles. Housing costs an estimated 10-15% less in Versailles compared to Georgetown.
2. Utilities and Energy Costs
Utility bills are fairly comparable between the two cities. In Versailles, expect to pay around $120/month for electricity, $40 for water, and $80 for internet and cable. Georgetown utility costs are similar, averaging $130 for electricity, $45 for water, and $75 for internet/cable bundles.
🏆 Winner: Versailles edges out Georgetown by about $10/month on average utility costs.
3. Groceries and Daily Expenses
Grocery prices and everyday items like gas and dining out are nearly identical in Versailles and Georgetown. Budget around $350-$500 per person monthly for food and incidentals in either city. Restaurant prices are reasonable, with most casual meals costing $12-18 per person.
🏆 Winner: Tie. Versailles and Georgetown have comparable costs for groceries and daily spending.
4. Taxes and Fees
Kentucky’s statewide income tax of 5% applies to both cities. However, property taxes are slightly lower in Versailles at 0.88% vs 0.92% in Georgetown. City service fees like trash and recycling are bundled into property taxes.
In Versailles, many neighborhoods have HOA fees ranging from $30-100/month which often include landscaping and exterior maintenance. Georgetown has fewer HOAs and lower average dues of $25-80/month.
🏆 Winner: Versailles has a slight edge with lower property taxes and HOA fees.
5. Cost of Living in Versailles vs Georgetown
| Expense Category | Versailles | Georgetown |
|---|---|---|
| Housing | $950 – $1,400 | $1,100 – $1,600 |
| Utilities | $240 | $250 |
| Groceries | $350 – $500 | $350 – $500 |
| Transportation | $60 – $80 | $60 – $80 |
| Taxes & Fees | $200 – $350 | $250 – $400 |
| Misc Costs | $200 – $400 | $200 – $400 |
| Estimated Monthly Total | $2,000 – $2,970 | $2,210 – $3,230 |
The table above summarizes typical monthly expenses for each major category. These figures represent gross monthly costs and income requirements before taxes. Overall, the cost of living in Versailles is about 5-10% lower than Georgetown.
6. Lifestyle Fit
Versailles offers a quaint, small-town feel with more affordable housing and slightly lower living costs overall. It’s ideal for those seeking a close-knit community, shorter commutes, and a slower pace of life.
Georgetown provides more urban amenities, dining variety, and public transit for a modest premium. It’s about 5°F cooler than Versailles in the summer. Choose Georgetown for its walkability, arts scene, and university culture.
7. Frequently Asked Questions
- Is Versailles more affordable than Georgetown?
Yes, Versailles has a lower overall cost of living, primarily due to cheaper housing, lower taxes, and lower HOA fees on average.
- Which city has lower rent?
Versailles rent prices are around 10-15% lower than Georgetown. Typical rent for a 2 bedroom apartment is $950 in Versailles vs $1100 in Georgetown.
- Where is it cheaper to buy a home?
The median price of a 3 bedroom house is about $280,000 in Versailles compared to $325,000 in Georgetown, a difference of 14%.
8. Conclusion
Versailles offers an attractive cost of living for those prioritizing affordable housing, a tight-knit community, and a relaxed lifestyle. Budget-conscious families, retirees, and remote workers may prefer Versailles.
Georgetown commands a slightly higher cost of living but delivers in walkability, arts and culture, and urban conveniences. It’s ideal for young professionals, university staff, and those who value a vibrant downtown.
Whichever you choose, use our Monthly Budget Examples for Versailles Residents and Cost of Living in Versailles (2025 Guide) to plan your expenses and maximize your new Kentucky lifestyle!