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Lakeland, TN vs Mount Pleasant, TN

112
Lakeland
Tennessee
VS
+46.2%
76
Mount Pleasant
Tennessee

The cost of living difference between Lakeland, TN and Mount Pleasant, TN is dramatic. Mount Pleasant is 46.2% cheaper than Lakeland, a gap that translates to thousands of dollars per year in household expenses. Lakeland has a cost index of 112 while Mount Pleasant sits at 76, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lakeland is $1,611/month compared to $812/month in Mount Pleasant — a 98% difference. Home values follow the same pattern: Mount Pleasant is more affordable at $217,600 median vs $373,800.

Median household income in Lakeland is $113,843 compared to $49,897 in Mount Pleasant (+128.2%). While Lakeland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakeland spend roughly 17% of their income on rent, less than the 19.5% in Mount Pleasant.

Income & Cost

Cost of Living Index
Lakeland
112
Mount Pleasant
76
32% cheaper
Median Household Income
Lakeland
$113,843
56% higher
Mount Pleasant
$49,897

Housing

Median Rent
Lakeland
$1,611
Mount Pleasant
$812
50% cheaper
Median Home Value
Lakeland
$373,800
Mount Pleasant
$217,600
42% cheaper
Population
Lakeland
14,068
Mount Pleasant
4,803

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lakeland $2.89
Mount Pleasant $2.89
US $3.07
🥚
Eggs (grade A, large)
Lakeland $2.36
Mount Pleasant $2.36
US $2.50
🥛
Milk (whole)
Lakeland $3.80
Mount Pleasant $3.80
US $4.03
🍞
Bread (white)
Lakeland $1.75
Mount Pleasant $1.74
US $1.85
🍗
Chicken breast
Lakeland $3.91
Mount Pleasant $3.91
US $4.14
Electricity
Lakeland $0.15
Mount Pleasant $0.15
US $0.19