Bean Station, TN vs Wildwood, TN

There is a significant gap in the cost of living between these two cities. Bean Station is 27.5% cheaper than Wildwood. With a cost index of 67 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bean Station to Wildwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bean Station is $720/month compared to $1,451/month in Wildwood — a 50% difference. Home values follow the same pattern: Bean Station is more affordable at $156,400 median vs $195,000.

Median household income in Bean Station is $50,114 compared to $55,388 in Wildwood (-9.5%). Wildwood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bean Station spend roughly 17.2% of their income on rent, less than the 31.4% in Wildwood. The Bean Station ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.