Lone Oak, TN vs Ooltewah, TN

There is a significant gap in the cost of living between these two cities. Lone Oak is 19.8% cheaper than Ooltewah. With a cost index of 77 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lone Oak to Ooltewah should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lone Oak is $820/month compared to $1,456/month in Ooltewah — a 44% difference. Interestingly, home values tell a different story: while Lone Oak has cheaper rent, Ooltewah actually has lower median home values ($238,000 vs $241,100).

Median household income in Lone Oak is $53,214 compared to $62,875 in Ooltewah (-15.4%). The higher salaries in Ooltewah partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lone Oak spend roughly 18.5% of their income on rent, less than the 27.8% in Ooltewah.