Bean Station, TN vs Lyles, TN
Bean Station, TN and Lyles, TN have a very similar cost of living, with only a 0.7% difference in their overall index. Bean Station scores 67 while Lyles scores 67 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 Bean Station is $720/month compared to $573/month in Lyles — a 26% difference. Interestingly, home values tell a different story: while Lyles has cheaper rent, Bean Station actually has lower median home values ($156,400 vs $196,000).
Median household income in Bean Station is $50,114 compared to $49,688 in Lyles (+0.9%). Bean Station offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bean Station spend roughly 17.2% of their income on rent, more than the 13.8% in Lyles.
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