Bells, TN vs Lynchburg, Moore County metropolitan government, TN
Bells, TN and Lynchburg, Moore County metropolitan government, TN have a very similar cost of living, with only a 2% difference in their overall index. Bells scores 75 while Lynchburg, Moore County metropolitan government scores 76 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 Bells is $1,014/month compared to $746/month in Lynchburg, Moore County metropolitan government — a 36% difference. Interestingly, home values tell a different story: while Lynchburg, Moore County metropolitan government has cheaper rent, Bells actually has lower median home values ($164,000 vs $259,300).
Median household income in Bells is $54,132 compared to $66,687 in Lynchburg, Moore County metropolitan government (-18.8%). While Lynchburg, Moore County metropolitan government is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bells spend roughly 22.5% of their income on rent, more than the 13.4% in Lynchburg, Moore County metropolitan government.
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