Altamont, TN vs Tazewell, TN

Altamont is moderately more affordable than Tazewell, with a 6.4% lower cost of living index. Altamont scores 64 compared to 68 for Tazewell, where the US average is 100. This difference means residents of Tazewell 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 $748/month in Tazewell — a 9% difference. Interestingly, home values tell a different story: while Tazewell has cheaper rent, Altamont actually has lower median home values ($85,900 vs $163,900).

Median household income in Altamont is $40,221 compared to $41,852 in Tazewell (-3.9%). The higher salaries in Tazewell partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Altamont spend roughly 24.4% of their income on rent, more than the 21.4% in Tazewell.