Jacksboro, TN vs Lexington, TN

Jacksboro, TN and Lexington, TN have a very similar cost of living, with only a 4.1% difference in their overall index. Jacksboro scores 70 while Lexington scores 68 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 Jacksboro is $704/month compared to $758/month in Lexington — a 7% difference. Interestingly, home values tell a different story: while Jacksboro has cheaper rent, Lexington actually has lower median home values ($173,200 vs $204,000).

Median household income in Jacksboro is $65,587 compared to $49,253 in Lexington (+33.2%). While Jacksboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jacksboro spend roughly 12.9% of their income on rent, less than the 18.5% in Lexington.