Munford, TN vs Pegram, TN

There is a significant gap in the cost of living between these two cities. Munford is 20.8% cheaper than Pegram. With a cost index of 84 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Munford to Pegram should plan for substantially higher expenses across most categories.

On the housing front, median rent in Munford is $1,086/month compared to $1,481/month in Pegram — a 27% difference. Home values follow the same pattern: Munford is more affordable at $234,600 median vs $337,400.

Median household income in Munford is $86,492 compared to $102,396 in Pegram (-15.5%). The higher salaries in Pegram partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Munford spend roughly 15.1% of their income on rent, less than the 17.4% in Pegram.