Altamont, TN vs Bean Station, TN
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.
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