Louisville, TN vs Middle Valley, TN

Louisville, TN and Middle Valley, TN have a very similar cost of living, with only a 2.4% difference in their overall index. Louisville scores 91 while Middle Valley scores 93 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 Louisville is $1,082/month compared to $1,255/month in Middle Valley — a 14% difference. Interestingly, home values tell a different story: while Louisville has cheaper rent, Middle Valley actually has lower median home values ($277,400 vs $314,700).

Median household income in Louisville is $83,485 compared to $93,264 in Middle Valley (-10.5%). While Middle Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Louisville spend roughly 15.6% of their income on rent, less than the 16.1% in Middle Valley.