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Ridgely, TN vs Sparta, TN

56
Ridgely
Tennessee
VS
-21.9%
71
Sparta
Tennessee

There is a significant gap in the cost of living between these two cities. Ridgely is 21.9% cheaper than Sparta. With a cost index of 56 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ridgely to Sparta should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ridgely is $571/month compared to $745/month in Sparta — a 23% difference. Home values follow the same pattern: Ridgely is more affordable at $74,500 median vs $200,600.

Median household income in Ridgely is $24,412 compared to $43,989 in Sparta (-44.5%). While Sparta is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ridgely spend roughly 28.1% of their income on rent, more than the 20.3% in Sparta.

Income & Cost

Cost of Living Index
Ridgely
56
22% cheaper
Sparta
71
Median Household Income
Ridgely
$24,412
Sparta
$43,989
45% higher

Housing

Median Rent
Ridgely
$571
23% cheaper
Sparta
$745
Median Home Value
Ridgely
$74,500
63% cheaper
Sparta
$200,600
Population
Ridgely
1,723
Sparta
4,915

Salary Equivalency Calculator

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