Indiana just raised their sales tax. Kentucky taxes your cars when you first move, then there's just registration. Overall tax burden is very similar (Kentucky is 25th, Indiana is 28th).
Floyd county schools in Indiana are outstanding, Oldham county schools are tops in Kentucky. Other counties in either state are average or poor. Greatschools.net is a good resource for that.
There are no major differences in taxes. The schools are great in both areas if you'd like to email me, I would be happy to send you a Relocation Guide for Kentuckiana area. People pick which side by preference mostly. They like to be close to their family or employment. If I may be of assistance to you, please let me know.
Kathy Dickerson, REALTOR, ABR
Linda Guthery Luxury Homes, LLC
Cell - 502-905-2057
Email - Kathy@LindaGuthery.com
Hope this info helps, Sandy
Thanks for your great question! Of course living in Indiana and Kentucky are two different experiences, but both offer wonderful opportunities for you and your family. I have family in Southern Indiana and I live in Louisville, so I'm familiar with both sides of the coin. Please get in touch with me and I will set you up with a City in a Disk set so you can judge for yourself! You will find information about my company, Coldwell Banker McMahan, and our relocation services on my Trulia page.
In all seriousness, there are many differences, not just in the states as a whole, but in the cities and even down to parts of the city.
I think the first step is determining which school you're going to attend and start looking in areas nearby that match your price range.
I wish you all the best!
Taxes are pretty close. You have to get a feel for the areas and what you can purchase for your money. I live in Louisville and I'm a little biased.