East Cleveland, TN vs Loudon, TN
East Cleveland is moderately more affordable than Loudon, with a 9.6% lower cost of living index. East Cleveland scores 69 compared to 76 for Loudon, where the US average is 100. This difference means residents of Loudon can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in East Cleveland is $918/month compared to $849/month in Loudon — a 8% difference. Interestingly, home values tell a different story: while Loudon has cheaper rent, East Cleveland actually has lower median home values ($113,800 vs $220,900).
Median household income in East Cleveland is $46,968 compared to $58,810 in Loudon (-20.1%). While Loudon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Cleveland spend roughly 23.5% of their income on rent, more than the 17.3% in Loudon.
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