Shelbyville, TN vs Soddy-Daisy, TN

Shelbyville, TN and Soddy-Daisy, TN have a very similar cost of living, with only a 4.1% difference in their overall index. Shelbyville scores 79 while Soddy-Daisy scores 82 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 Shelbyville is $935/month compared to $996/month in Soddy-Daisy — a 6% difference. Home values follow the same pattern: Shelbyville is more affordable at $224,700 median vs $241,400.

Median household income in Shelbyville is $52,290 compared to $67,824 in Soddy-Daisy (-22.9%). While Soddy-Daisy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shelbyville spend roughly 21.5% of their income on rent, more than the 17.6% in Soddy-Daisy.