Madisonville, TN vs New Johnsonville, TN

Madisonville, TN and New Johnsonville, TN have a very similar cost of living, with only a 0.2% difference in their overall index. Madisonville scores 69 while New Johnsonville 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 $842/month in New Johnsonville — a 21% difference. Interestingly, home values tell a different story: while Madisonville has cheaper rent, New Johnsonville actually has lower median home values ($138,200 vs $202,600).

Median household income in Madisonville is $45,274 compared to $75,114 in New Johnsonville (-39.7%). While New Johnsonville 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 13.5% in New Johnsonville.