Madisonville, TN vs Troy, TN

Troy is moderately more affordable than Madisonville, with a 6.9% lower cost of living index. Madisonville scores 69 compared to 64 for Troy, where the US average is 100. This difference means residents of Madisonville 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 $764/month in Troy — a 13% difference. Interestingly, home values tell a different story: while Madisonville has cheaper rent, Troy actually has lower median home values ($110,800 vs $202,600).

Median household income in Madisonville is $45,274 compared to $52,656 in Troy (-14%). Troy 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, more than the 17.4% in Troy.