Jellico, TN vs Madisonville, TN
There is a significant gap in the cost of living between these two cities. Jellico is 18.2% cheaper than Madisonville. With a cost index of 56 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jellico to Madisonville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Jellico is $407/month compared to $663/month in Madisonville — a 39% difference. Home values follow the same pattern: Jellico is more affordable at $143,000 median vs $202,600.
Median household income in Jellico is $41,111 compared to $45,274 in Madisonville (-9.2%). The higher salaries in Madisonville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Jellico spend roughly 11.9% of their income on rent, less than the 17.6% in Madisonville.
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