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Jackson, TN vs Oak Ridge, TN

80
Jackson
Tennessee
VS
-5.4%
84
Oak Ridge
Tennessee

Jackson is moderately more affordable than Oak Ridge, with a 5.4% lower cost of living index. Jackson scores 80 compared to 84 for Oak Ridge, where the US average is 100. This difference means residents of Oak Ridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Jackson is $1,094/month compared to $1,076/month in Oak Ridge — a 2% difference. Interestingly, home values tell a different story: while Oak Ridge has cheaper rent, Jackson actually has lower median home values ($195,000 vs $233,500).

Median household income in Jackson is $51,552 compared to $71,000 in Oak Ridge (-27.4%). While Oak Ridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jackson spend roughly 25.5% of their income on rent, more than the 18.2% in Oak Ridge.

Income & Cost

Cost of Living Index
Jackson
80
5% cheaper
Oak Ridge
84
Median Household Income
Jackson
$51,552
Oak Ridge
$71,000
27% higher

Housing

Median Rent
Jackson
$1,094
Oak Ridge
$1,076
2% cheaper
Median Home Value
Jackson
$195,000
16% cheaper
Oak Ridge
$233,500
Population
Jackson
68,098
Oak Ridge
32,088

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Jackson $2.89
Oak Ridge $2.89
US $3.07
🥚
Eggs (grade A, large)
Jackson $2.36
Oak Ridge $2.36
US $2.50
🥛
Milk (whole)
Jackson $3.80
Oak Ridge $3.80
US $4.03
🍞
Bread (white)
Jackson $1.74
Oak Ridge $1.74
US $1.85
🍗
Chicken breast
Jackson $3.91
Oak Ridge $3.91
US $4.14
Electricity
Jackson $0.14
Oak Ridge $0.15
US $0.19