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East Ridge, TN vs Red Bank, TN

81
East Ridge
Tennessee
VS
-6.2%
86
Red Bank
Tennessee

East Ridge is moderately more affordable than Red Bank, with a 6.2% lower cost of living index. East Ridge scores 81 compared to 86 for Red Bank, where the US average is 100. This difference means residents of Red Bank can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in East Ridge is $1,112/month compared to $1,118/month in Red Bank — a 1% difference. Home values follow the same pattern: East Ridge is more affordable at $182,500 median vs $246,100.

Median household income in East Ridge is $55,988 compared to $61,788 in Red Bank (-9.4%). While Red Bank 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 Ridge spend roughly 23.8% of their income on rent, more than the 21.7% in Red Bank.

Income & Cost

Cost of Living Index
East Ridge
81
6% cheaper
Red Bank
86
Median Household Income
East Ridge
$55,988
Red Bank
$61,788
9% higher

Housing

Median Rent
East Ridge
$1,112
1% cheaper
Red Bank
$1,118
Median Home Value
East Ridge
$182,500
26% cheaper
Red Bank
$246,100
Population
East Ridge
22,034
Red Bank
11,960

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
East Ridge $2.88
Red Bank $2.88
US $3.07
🥚
Eggs (grade A, large)
East Ridge $2.35
Red Bank $2.35
US $2.50
🥛
Milk (whole)
East Ridge $3.79
Red Bank $3.79
US $4.03
🍞
Bread (white)
East Ridge $1.74
Red Bank $1.74
US $1.85
🍗
Chicken breast
East Ridge $3.90
Red Bank $3.90
US $4.14
Electricity
East Ridge $0.15
Red Bank $0.15
US $0.19