Nicholasville, KY vs. Georgetown, KY: Cost of Living Comparison (2025)
This article provides a cost of living comparison: Nicholasville vs Georgetown. It is perfect for families relocating, professionals choosing between job offers, or anyone comparing the real-life cost of Nicholasville vs Georgetown in 2025.
Housing Costs
Housing is often the biggest factor in cost of living. Here’s how Nicholasville and Georgetown stack up:
| Housing Type | Nicholasville | Georgetown |
|---|---|---|
| Median 2BR Apartment Rent | $950 | $1,100 |
| Median 3BR Home Price | $280,000 | $320,000 |
🏆 Winner: Nicholasville. Rent and home prices tend to be 10-15% lower in Nicholasville compared to Georgetown.
Utilities and Energy Costs
Utility costs are fairly similar between the two cities. Expect to pay around $150-200 per month for electricity, water, and gas for a 2BR apartment. Costs may be slightly higher in the summer due to air conditioning.
🏆 Winner: Tie. Utility costs are comparable in Nicholasville and Georgetown.
Groceries and Daily Expenses
Grocery costs and everyday purchases like gas and dining out are very similar between Nicholasville and Georgetown. Budget around $400-500 per month for groceries for a family of two.
🏆 Winner: Tie. Expect comparable costs for groceries and daily expenses in both cities.
Taxes and Fees
Property taxes are slightly lower in Nicholasville at around 0.99% of assessed value vs 1.06% in Georgetown. City service fees and HOA costs are similar. In Nicholasville, HOA fees often include landscaping and trash pickup.
🏆 Winner: Nicholasville. Lower property taxes give Nicholasville a slight edge.
Cost Summary
| Category | Nicholasville | Georgetown |
|---|---|---|
| Housing | $950 | $1,100 |
| Utilities | $175 | $175 |
| Groceries | $450 | $450 |
| Transportation | $60 | $60 |
| Taxes & Fees | $250 | $280 |
| Misc | $400 | $400 |
| Estimated Monthly Total | $2,285 | $2,465 |
Note: All income and cost figures are expressed as gross monthly amounts (pre-tax).
Lifestyle Fit
Both Nicholasville and Georgetown offer a suburban lifestyle with easy access to Lexington. Some key differences:
- Nicholasville has slightly more affordable housing and a lower population density
- Georgetown has more public transportation options and is closer to major highways
Quick Fact: Nicholasville gets about 2″ more snow per year than Georgetown.
FAQ
- Is Nicholasville more affordable than Georgetown? Yes, Nicholasville has a lower overall cost of living, primarily due to more affordable housing.
- Which city has lower rent? Nicholasville has lower average rent prices. Expect to pay around $150 less per month for a 2BR apartment compared to Georgetown.
- Where is it cheaper to buy a home? Home prices are about 10-15% lower in Nicholasville. The median price for a 3BR home is around $280K in Nicholasville vs $320K in Georgetown.
Conclusion
Both Nicholasville and Georgetown provide an affordable suburban lifestyle near Lexington. Nicholasville comes out slightly ahead on overall cost of living, especially for housing. It may be the best fit for those prioritizing space and budget.
Georgetown’s convenient location and transportation may appeal more to commuters or frequent travelers. Ultimately, both cities offer a high quality of life at a reasonable cost.
Budgeting for a move to Nicholasville or Georgetown? Check out these Monthly Budget Examples for Nicholasville Residents and our full Cost of Living in Nicholasville (2025 Guide) for more details.