Loudon, TN vs Pegram, TN
There is a significant gap in the cost of living between these two cities. Loudon is 28.5% cheaper than Pegram. With a cost index of 76 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loudon to Pegram should plan for substantially higher expenses across most categories.
On the housing front, median rent in Loudon is $849/month compared to $1,481/month in Pegram — a 43% difference. Home values follow the same pattern: Loudon is more affordable at $220,900 median vs $337,400.
Median household income in Loudon is $58,810 compared to $102,396 in Pegram (-42.6%). While Pegram is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Loudon spend roughly 17.3% of their income on rent, less than the 17.4% in Pegram.
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