Cleveland, TN vs Jackson, TN
Cleveland, TN and Jackson, TN have a very similar cost of living, with only a 1.5% difference in their overall index. Cleveland scores 81 while Jackson scores 80 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 Cleveland is $966/month compared to $1,094/month in Jackson — a 12% difference. Interestingly, home values tell a different story: while Cleveland has cheaper rent, Jackson actually has lower median home values ($195,000 vs $241,800).
Median household income in Cleveland is $55,904 compared to $51,552 in Jackson (+8.4%). While Cleveland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cleveland spend roughly 20.7% of their income on rent, less than the 25.5% in Jackson.
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