Munford, TN vs Sevierville, TN
Munford, TN and Sevierville, TN have a very similar cost of living, with only a 2.2% difference in their overall index. Munford scores 84 while Sevierville scores 83 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 Munford is $1,086/month compared to $1,000/month in Sevierville — a 9% difference. Interestingly, home values tell a different story: while Sevierville has cheaper rent, Munford actually has lower median home values ($234,600 vs $264,000).
Median household income in Munford is $86,492 compared to $55,106 in Sevierville (+57%). While Munford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Munford spend roughly 15.1% of their income on rent, less than the 21.8% in Sevierville.
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