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Athens, TN vs Mount Carmel, TN

73
Athens
Tennessee
VS
+5.8%
69
Mount Carmel
Tennessee

Mount Carmel is moderately more affordable than Athens, with a 5.8% lower cost of living index. Athens scores 73 compared to 69 for Mount Carmel, where the US average is 100. This difference means residents of Athens can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Athens is $807/month compared to $804/month in Mount Carmel — a 0% difference. Home values follow the same pattern: Mount Carmel is more affordable at $179,700 median vs $197,300.

Median household income in Athens is $53,151 compared to $71,336 in Mount Carmel (-25.5%). Mount Carmel offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Athens spend roughly 18.2% of their income on rent, more than the 13.5% in Mount Carmel.

Income & Cost

Cost of Living Index
Athens
73
Mount Carmel
69
5% cheaper
Median Household Income
Athens
$53,151
Mount Carmel
$71,336
25% higher

Housing

Median Rent
Athens
$807
Mount Carmel
$804
Median Home Value
Athens
$197,300
Mount Carmel
$179,700
9% cheaper
Population
Athens
14,250
Mount Carmel
5,504

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Athens
Mount Carmel $2.90
US $3.07
🥚
Eggs (grade A, large)
Athens
Mount Carmel $2.37
US $2.50
🥛
Milk (whole)
Athens
Mount Carmel $3.81
US $4.03
🍞
Bread (white)
Athens
Mount Carmel $1.75
US $1.85
🍗
Chicken breast
Athens
Mount Carmel $3.92
US $4.14
Electricity
Athens
Mount Carmel $0.15
US $0.19