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Altamont, TN vs Bean Station, TN

64
Altamont
Tennessee
VS
-4.3%
67
Bean Station
Tennessee

Altamont, TN and Bean Station, TN have a very similar cost of living, with only a 4.3% difference in their overall index. Altamont scores 64 while Bean Station scores 67 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 Altamont is $818/month compared to $720/month in Bean Station — a 14% difference. Interestingly, home values tell a different story: while Bean Station has cheaper rent, Altamont actually has lower median home values ($85,900 vs $156,400).

Median household income in Altamont is $40,221 compared to $50,114 in Bean Station (-19.7%). While Bean Station is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altamont spend roughly 24.4% of their income on rent, more than the 17.2% in Bean Station.

Income & Cost

Cost of Living Index
Altamont
64
4% cheaper
Bean Station
67
Median Household Income
Altamont
$40,221
Bean Station
$50,114
20% higher

Housing

Median Rent
Altamont
$818
Bean Station
$720
12% cheaper
Median Home Value
Altamont
$85,900
45% cheaper
Bean Station
$156,400
Population
Altamont
1,100
Bean Station
2,990

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Altamont
Bean Station $2.89
US $3.07
🥚
Eggs (grade A, large)
Altamont
Bean Station $2.36
US $2.50
🥛
Milk (whole)
Altamont
Bean Station $3.80
US $4.03
🍞
Bread (white)
Altamont
Bean Station $1.74
US $1.85
🍗
Chicken breast
Altamont
Bean Station $3.91
US $4.14
Electricity
Altamont
Bean Station $0.15
US $0.19