Loudon, TN vs Surgoinsville, TN

Loudon, TN and Surgoinsville, TN have a very similar cost of living, with only a 2.3% difference in their overall index. Loudon scores 76 while Surgoinsville scores 74 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 Loudon is $849/month compared to $1,013/month in Surgoinsville — a 16% difference. Interestingly, home values tell a different story: while Loudon has cheaper rent, Surgoinsville actually has lower median home values ($170,000 vs $220,900).

Median household income in Loudon is $58,810 compared to $47,500 in Surgoinsville (+23.8%). While Loudon 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 25.6% in Surgoinsville.