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Gadsden, TN vs Lyles, TN

63
Gadsden
Tennessee
VS
-6%
67
Lyles
Tennessee

Gadsden is moderately more affordable than Lyles, with a 6% lower cost of living index. Gadsden scores 63 compared to 67 for Lyles, where the US average is 100. This difference means residents of Lyles can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gadsden is $769/month compared to $573/month in Lyles — a 34% difference. Interestingly, home values tell a different story: while Lyles has cheaper rent, Gadsden actually has lower median home values ($117,900 vs $196,000).

Median household income in Gadsden is $54,250 compared to $49,688 in Lyles (+9.2%). Gadsden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gadsden spend roughly 17% of their income on rent, more than the 13.8% in Lyles.

Income & Cost

Cost of Living Index
Gadsden
63
6% cheaper
Lyles
67
Median Household Income
Gadsden
$54,250
8% higher
Lyles
$49,688

Housing

Median Rent
Gadsden
$769
Lyles
$573
25% cheaper
Median Home Value
Gadsden
$117,900
40% cheaper
Lyles
$196,000
Population
Gadsden
367
Lyles
1,079

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gadsden $2.89
Lyles $2.89
US $3.07
🥚
Eggs (grade A, large)
Gadsden $2.36
Lyles $2.36
US $2.50
🥛
Milk (whole)
Gadsden $3.80
Lyles $3.80
US $4.03
🍞
Bread (white)
Gadsden $1.74
Lyles $1.74
US $1.85
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Chicken breast
Gadsden $3.91
Lyles $3.91
US $4.14
Electricity
Gadsden $0.14
Lyles $0.15
US $0.19