Altamont, TN vs South Pittsburg, TN
Altamont is moderately more affordable than South Pittsburg, with a 8% lower cost of living index. Altamont scores 64 compared to 70 for South Pittsburg, where the US average is 100. This difference means residents of South Pittsburg can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Altamont is $818/month compared to $796/month in South Pittsburg — a 3% difference. Interestingly, home values tell a different story: while South Pittsburg has cheaper rent, Altamont actually has lower median home values ($85,900 vs $160,700).
Median household income in Altamont is $40,221 compared to $54,347 in South Pittsburg (-26%). While South Pittsburg 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 17.6% in South Pittsburg.
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