Gilt Edge, TN vs Lone Oak, TN

Gilt Edge is moderately more affordable than Lone Oak, with a 5.9% lower cost of living index. Gilt Edge scores 72 compared to 77 for Lone Oak, where the US average is 100. This difference means residents of Lone Oak can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gilt Edge is $845/month compared to $820/month in Lone Oak — a 3% difference. Interestingly, home values tell a different story: while Lone Oak has cheaper rent, Gilt Edge actually has lower median home values ($178,300 vs $241,100).

Median household income in Gilt Edge is $73,929 compared to $53,214 in Lone Oak (+38.9%). Gilt Edge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gilt Edge spend roughly 13.7% of their income on rent, less than the 18.5% in Lone Oak.