Madisonville, TN vs Whitwell, TN
Madisonville, TN and Whitwell, TN have a very similar cost of living, with only a 2% difference in their overall index. Madisonville scores 69 while Whitwell scores 68 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 $834/month in Whitwell — a 21% difference. Interestingly, home values tell a different story: while Madisonville has cheaper rent, Whitwell actually has lower median home values ($121,700 vs $202,600).
Median household income in Madisonville is $45,274 compared to $62,500 in Whitwell (-27.6%). Whitwell 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 16% in Whitwell.
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