Ardmore, TN vs Jasper, TN
Ardmore, TN and Jasper, TN have a very similar cost of living, with only a 3.4% difference in their overall index. Ardmore scores 72 while Jasper scores 70 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 Ardmore is $887/month compared to $768/month in Jasper — a 16% difference. Interestingly, home values tell a different story: while Jasper has cheaper rent, Ardmore actually has lower median home values ($160,200 vs $173,900).
Median household income in Ardmore is $55,000 compared to $73,875 in Jasper (-25.5%). Jasper offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ardmore spend roughly 19.4% of their income on rent, more than the 12.5% in Jasper.
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