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Ardmore, TN vs Spurgeon, TN

72
Ardmore
Tennessee
VS
+3.1%
70
Spurgeon
Tennessee

Ardmore, TN and Spurgeon, TN have a very similar cost of living, with only a 3.1% difference in their overall index. Ardmore scores 72 while Spurgeon scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Ardmore is $887/month compared to $796/month in Spurgeon — a 11% difference. Interestingly, home values tell a different story: while Spurgeon has cheaper rent, Ardmore actually has lower median home values ($160,200 vs $197,500).

Median household income in Ardmore is $55,000 compared to $66,091 in Spurgeon (-16.8%). Spurgeon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ardmore spend roughly 19.4% of their income on rent, more than the 14.5% in Spurgeon.

Income & Cost

Cost of Living Index
Ardmore
72
Spurgeon
70
3% cheaper
Median Household Income
Ardmore
$55,000
Spurgeon
$66,091
17% higher

Housing

Median Rent
Ardmore
$887
Spurgeon
$796
10% cheaper
Median Home Value
Ardmore
$160,200
19% cheaper
Spurgeon
$197,500
Population
Ardmore
1,280
Spurgeon
3,749

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ardmore
Spurgeon $2.90
US $3.07
🥚
Eggs (grade A, large)
Ardmore
Spurgeon $2.37
US $2.50
🥛
Milk (whole)
Ardmore
Spurgeon $3.81
US $4.03
🍞
Bread (white)
Ardmore
Spurgeon $1.75
US $1.85
🍗
Chicken breast
Ardmore
Spurgeon $3.92
US $4.14
Electricity
Ardmore
Spurgeon $0.15
US $0.19