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Liberty, TN vs Lyles, TN

72
Liberty
Tennessee
VS
+6.6%
67
Lyles
Tennessee

Lyles is moderately more affordable than Liberty, with a 6.6% lower cost of living index. Liberty scores 72 compared to 67 for Lyles, where the US average is 100. This difference means residents of Liberty can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Liberty is $758/month compared to $573/month in Lyles — a 32% difference. Interestingly, home values tell a different story: while Lyles has cheaper rent, Liberty actually has lower median home values ($182,100 vs $196,000).

Median household income in Liberty is $44,205 compared to $49,688 in Lyles (-11%). Lyles offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Liberty spend roughly 20.6% of their income on rent, more than the 13.8% in Lyles.

Income & Cost

Cost of Living Index
Liberty
72
Lyles
67
6% cheaper
Median Household Income
Liberty
$44,205
Lyles
$49,688
11% higher

Housing

Median Rent
Liberty
$758
Lyles
$573
24% cheaper
Median Home Value
Liberty
$182,100
7% cheaper
Lyles
$196,000
Population
Liberty
367
Lyles
1,079

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Liberty $2.89
Lyles $2.89
US $3.07
🥚
Eggs (grade A, large)
Liberty $2.36
Lyles $2.36
US $2.50
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Milk (whole)
Liberty $3.80
Lyles $3.80
US $4.03
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Bread (white)
Liberty $1.74
Lyles $1.74
US $1.85
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Chicken breast
Liberty $3.91
Lyles $3.91
US $4.14
Electricity
Liberty $0.15
Lyles $0.15
US $0.19