Oak Ridge, TN vs Seymour, TN
There is a significant gap in the cost of living between these two cities. Oak Ridge is 16.1% cheaper than Seymour. With a cost index of 84 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Ridge to Seymour should plan for substantially higher expenses across most categories.
On the housing front, median rent in Oak Ridge is $1,076/month compared to $1,530/month in Seymour — a 30% difference. Home values follow the same pattern: Oak Ridge is more affordable at $233,500 median vs $262,800.
Median household income in Oak Ridge is $71,000 compared to $85,240 in Seymour (-16.7%). While Seymour is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oak Ridge spend roughly 18.2% of their income on rent, less than the 21.5% in Seymour.
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