Louisville, TN vs Millington, TN

There is a significant gap in the cost of living between these two cities. Millington is 15.8% cheaper than Louisville. With a cost index of 78 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Millington to Louisville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Louisville is $1,082/month compared to $1,059/month in Millington — a 2% difference. Home values follow the same pattern: Millington is more affordable at $172,800 median vs $314,700.

Median household income in Louisville is $83,485 compared to $51,695 in Millington (+61.5%). While Louisville 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 24.6% in Millington.