2025 Compare Cities Cost of Living:
Prospect, KY vs New Albany, IN

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Highlights
Is it cheaper to live in New Albany or is it cheaper to live in Prospect?
- New Albany is 0.8% less expensive than Prospect.

Which city has more affordable housing, New Albany or Prospect?
- New Albany housing costs are 62.3% less expensive than Prospect housing costs.

Is Health Care more affordable in Prospect or is Health Care more affordable in New Albany.
- Health related expenses are 7.3% less in New Albany.
 Prospect, KYNew Albany, INUnited States
 Overall  Unlock89.1100
 Food & Groceries105.7  Unlock100
 Health  Unlock87.9100
 Housing167.1  Unlock100
 Median Home Cost  Unlock$195,900$338,100
 Utilities92  Unlock100
 Transportation  Unlock89.5100
 Miscellaneous90.3  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Prospect    3 Reviews

Over 17 years ago

Although housing is more expensive than most other cities in Kentucky, as are the real estate taxes it is worth it for the piece of mind and the great schools. Otherwise  More

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Quick response to what was posted. I would say her post is inaccurate except for the part about taxes. People are friendlier and more laid back than the people up  More

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Everything is relative as the saying goes, but we transplanted here from Germantown, TN (which we loved)to Prospect, KY (suburb of Louisville). We find the people are  More

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Reviews for New Albany    2 Reviews

Over 9 years ago

I've lived in New Albany Indiana nearly six years. This town is one of the friendliest I have ever lived in. People are almost always helpful and good. Life  More

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Over 18 years ago

Many 100+ year old homes, not much to do there, close to to the Ohio River, pretty bad for allergy suffers. Schools not good. Excise tax on auto is paid every year and  More

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