Lone Oak, TN vs Louisville, TN

There is a significant gap in the cost of living between these two cities. Lone Oak is 15.3% cheaper than Louisville. With a cost index of 77 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lone Oak to Louisville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lone Oak is $820/month compared to $1,082/month in Louisville — a 24% difference. Home values follow the same pattern: Lone Oak is more affordable at $241,100 median vs $314,700.

Median household income in Lone Oak is $53,214 compared to $83,485 in Louisville (-36.3%). While Louisville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lone Oak spend roughly 18.5% of their income on rent, more than the 15.6% in Louisville.