Madisonville, TN vs McMinnville, TN

Madisonville, TN and McMinnville, TN have a very similar cost of living, with only a 0.1% difference in their overall index. Madisonville scores 69 while McMinnville scores 69 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 Madisonville is $663/month compared to $756/month in McMinnville — a 12% difference. Interestingly, home values tell a different story: while Madisonville has cheaper rent, McMinnville actually has lower median home values ($147,200 vs $202,600).

Median household income in Madisonville is $45,274 compared to $43,348 in McMinnville (+4.4%). Madisonville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Madisonville spend roughly 17.6% of their income on rent, less than the 20.9% in McMinnville.