Loudon, TN vs New Union, TN
There is a significant gap in the cost of living between these two cities. Loudon is 26.9% cheaper than New Union. With a cost index of 76 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loudon to New Union should plan for substantially higher expenses across most categories.
On the housing front, median rent in Loudon is $849/month compared to $1,574/month in New Union — a 46% difference. Home values follow the same pattern: Loudon is more affordable at $220,900 median vs $295,100.
Median household income in Loudon is $58,810 compared to $78,343 in New Union (-24.9%). The higher salaries in New Union partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Loudon spend roughly 17.3% of their income on rent, less than the 24.1% in New Union.
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