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Algood, TN vs Banner Hill, TN

72
Algood
Tennessee
VS
-11.1%
81
Banner Hill
Tennessee

Algood is moderately more affordable than Banner Hill, with a 11.1% lower cost of living index. Algood scores 72 compared to 81 for Banner Hill, where the US average is 100. This difference means residents of Banner Hill can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Algood are $179,400 compared to $120,700 in Banner Hill, a 49% gap.

Median household income in Algood is $40,514 compared to $66,270 in Banner Hill (-38.9%). While Banner Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Algood
72
11% cheaper
Banner Hill
81
Median Household Income
Algood
$40,514
Banner Hill
$66,270
39% higher

Housing

Median Rent
Algood
$822
Banner Hill
Median Home Value
Algood
$179,400
Banner Hill
$120,700
33% cheaper
Population
Algood
4,002
Banner Hill
1,519

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Algood
Banner Hill $2.89
US $3.07
🥚
Eggs (grade A, large)
Algood
Banner Hill $2.36
US $2.50
🥛
Milk (whole)
Algood
Banner Hill $3.80
US $4.03
🍞
Bread (white)
Algood
Banner Hill $1.74
US $1.85
🍗
Chicken breast
Algood
Banner Hill $3.91
US $4.14
Electricity
Algood
Banner Hill $0.15
US $0.19