Lone Oak, TN vs Williston, TN
Lone Oak, TN and Williston, TN have a very similar cost of living, with only a 3.1% difference in their overall index. Lone Oak scores 77 while Williston scores 79 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 Lone Oak is $820/month compared to $1,118/month in Williston — a 27% difference. Interestingly, home values tell a different story: while Lone Oak has cheaper rent, Williston actually has lower median home values ($162,500 vs $241,100).
Median household income in Lone Oak is $53,214 compared to $73,750 in Williston (-27.8%). While Williston 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 18.2% in Williston.
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