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Baxter, TN vs Hohenwald, TN

74
Baxter
Tennessee
VS
+12.6%
66
Hohenwald
Tennessee

Hohenwald is moderately more affordable than Baxter, with a 12.6% lower cost of living index. Baxter scores 74 compared to 66 for Hohenwald, where the US average is 100. This difference means residents of Baxter can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Baxter is $850/month compared to $802/month in Hohenwald — a 6% difference. Home values follow the same pattern: Hohenwald is more affordable at $93,800 median vs $198,800.

Median household income in Baxter is $56,806 compared to $38,791 in Hohenwald (+46.4%). While Baxter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baxter spend roughly 18% of their income on rent, less than the 24.8% in Hohenwald.

Income & Cost

Cost of Living Index
Baxter
74
Hohenwald
66
11% cheaper
Median Household Income
Baxter
$56,806
32% higher
Hohenwald
$38,791

Housing

Median Rent
Baxter
$850
Hohenwald
$802
6% cheaper
Median Home Value
Baxter
$198,800
Hohenwald
$93,800
53% cheaper
Population
Baxter
1,278
Hohenwald
3,790

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Baxter
Hohenwald $2.89
US $3.07
🥚
Eggs (grade A, large)
Baxter
Hohenwald $2.36
US $2.50
🥛
Milk (whole)
Baxter
Hohenwald $3.80
US $4.03
🍞
Bread (white)
Baxter
Hohenwald $1.74
US $1.85
🍗
Chicken breast
Baxter
Hohenwald $3.91
US $4.14
Electricity
Baxter
Hohenwald $0.15
US $0.19