Gilt Edge, TN vs Red Boiling Springs, TN
Gilt Edge, TN and Red Boiling Springs, TN have a very similar cost of living, with only a 0.7% difference in their overall index. Gilt Edge scores 72 while Red Boiling Springs scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Gilt Edge is $845/month compared to $774/month in Red Boiling Springs — a 9% difference. Home values follow the same pattern: Red Boiling Springs is more affordable at $177,000 median vs $178,300.
Median household income in Gilt Edge is $73,929 compared to $32,083 in Red Boiling Springs (+130.4%). While Gilt Edge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilt Edge spend roughly 13.7% of their income on rent, less than the 28.9% in Red Boiling Springs.
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