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Hornbeak, TN vs Lone Oak, TN

61
Hornbeak
Tennessee
VS
-20.8%
77
Lone Oak
Tennessee

There is a significant gap in the cost of living between these two cities. Hornbeak is 20.8% cheaper than Lone Oak. With a cost index of 61 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hornbeak to Lone Oak should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hornbeak is $729/month compared to $820/month in Lone Oak — a 11% difference. Home values follow the same pattern: Hornbeak is more affordable at $81,400 median vs $241,100.

Median household income in Hornbeak is $63,669 compared to $53,214 in Lone Oak (+19.6%). Hornbeak offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hornbeak spend roughly 13.7% of their income on rent, less than the 18.5% in Lone Oak.

Income & Cost

Cost of Living Index
Hornbeak
61
21% cheaper
Lone Oak
77
Median Household Income
Hornbeak
$63,669
16% higher
Lone Oak
$53,214

Housing

Median Rent
Hornbeak
$729
11% cheaper
Lone Oak
$820
Median Home Value
Hornbeak
$81,400
66% cheaper
Lone Oak
$241,100
Population
Hornbeak
498
Lone Oak
1,463

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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