Algood, TN vs Millington, TN

Algood is moderately more affordable than Millington, with a 8.5% lower cost of living index. Algood scores 72 compared to 78 for Millington, where the US average is 100. This difference means residents of Millington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Algood is $822/month compared to $1,059/month in Millington — a 22% difference. Interestingly, home values tell a different story: while Algood has cheaper rent, Millington actually has lower median home values ($172,800 vs $179,400).

Median household income in Algood is $40,514 compared to $51,695 in Millington (-21.6%). While Millington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Algood spend roughly 24.3% of their income on rent, less than the 24.6% in Millington.