Madisonville, TN vs Monteagle, TN
Madisonville is moderately more affordable than Monteagle, with a 13.3% lower cost of living index. Madisonville scores 69 compared to 79 for Monteagle, where the US average is 100. This difference means residents of Monteagle can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Madisonville is $663/month compared to $746/month in Monteagle — a 11% difference. Home values follow the same pattern: Madisonville is more affordable at $202,600 median vs $299,400.
Median household income in Madisonville is $45,274 compared to $53,005 in Monteagle (-14.6%). While Monteagle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madisonville spend roughly 17.6% of their income on rent, more than the 16.9% in Monteagle.
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