Lebanon, TN vs Smyrna, TN

Lebanon, TN and Smyrna, TN have a very similar cost of living, with only a 2% difference in their overall index. Lebanon scores 100 while Smyrna scores 102 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 Lebanon is $1,210/month compared to $1,366/month in Smyrna — a 11% difference. Interestingly, home values tell a different story: while Lebanon has cheaper rent, Smyrna actually has lower median home values ($326,700 vs $359,300).

Median household income in Lebanon is $71,320 compared to $78,409 in Smyrna (-9%). While Smyrna is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lebanon spend roughly 20.4% of their income on rent, less than the 20.9% in Smyrna.