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Dresden, TN vs Lakewood Park, TN

63
Dresden
Tennessee
VS
-36.4%
99
Lakewood Park
Tennessee

The cost of living difference between Dresden, TN and Lakewood Park, TN is dramatic. Dresden is 36.4% cheaper than Lakewood Park, a gap that translates to thousands of dollars per year in household expenses. Dresden has a cost index of 63 while Lakewood Park sits at 99, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Dresden is $50,998 compared to $39,167 in Lakewood Park (+30.2%). Dresden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Dresden
63
36% cheaper
Lakewood Park
99
Median Household Income
Dresden
$50,998
23% higher
Lakewood Park
$39,167

Housing

Median Rent
Dresden
$731
Lakewood Park
Median Home Value
Dresden
$104,200
Lakewood Park
Population
Dresden
2,974
Lakewood Park
1,016

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dresden
Lakewood Park $2.89
US $3.07
🥚
Eggs (grade A, large)
Dresden
Lakewood Park $2.36
US $2.50
🥛
Milk (whole)
Dresden
Lakewood Park $3.80
US $4.03
🍞
Bread (white)
Dresden
Lakewood Park $1.74
US $1.85
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Chicken breast
Dresden
Lakewood Park $3.91
US $4.14
Electricity
Dresden
Lakewood Park $0.15
US $0.19