McMinnville, TN vs Oak Ridge, TN

There is a significant gap in the cost of living between these two cities. McMinnville is 18% cheaper than Oak Ridge. With a cost index of 69 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McMinnville to Oak Ridge should plan for substantially higher expenses across most categories.

On the housing front, median rent in McMinnville is $756/month compared to $1,076/month in Oak Ridge — a 30% difference. Home values follow the same pattern: McMinnville is more affordable at $147,200 median vs $233,500.

Median household income in McMinnville is $43,348 compared to $71,000 in Oak Ridge (-38.9%). While Oak Ridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McMinnville spend roughly 20.9% of their income on rent, more than the 18.2% in Oak Ridge.