Gilt Edge, TN vs Powells Crossroads, TN

Gilt Edge is moderately more affordable than Powells Crossroads, with a 8.9% lower cost of living index. Gilt Edge scores 72 compared to 80 for Powells Crossroads, where the US average is 100. This difference means residents of Powells Crossroads 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 $1,089/month in Powells Crossroads — a 22% difference. Interestingly, home values tell a different story: while Gilt Edge has cheaper rent, Powells Crossroads actually has lower median home values ($173,000 vs $178,300).

Median household income in Gilt Edge is $73,929 compared to $65,804 in Powells Crossroads (+12.3%). 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 19.9% in Powells Crossroads.