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Baxter, TN vs Jasper, TN

74
Baxter
Tennessee
VS
+6.3%
70
Jasper
Tennessee

Jasper is moderately more affordable than Baxter, with a 6.3% lower cost of living index. Baxter scores 74 compared to 70 for Jasper, 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 $768/month in Jasper — a 11% difference. Home values follow the same pattern: Jasper is more affordable at $173,900 median vs $198,800.

Median household income in Baxter is $56,806 compared to $73,875 in Jasper (-23.1%). 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 Baxter spend roughly 18% of their income on rent, more than the 12.5% in Jasper.

Income & Cost

Cost of Living Index
Baxter
74
Jasper
70
6% cheaper
Median Household Income
Baxter
$56,806
Jasper
$73,875
23% higher

Housing

Median Rent
Baxter
$850
Jasper
$768
10% cheaper
Median Home Value
Baxter
$198,800
Jasper
$173,900
13% cheaper
Population
Baxter
1,278
Jasper
3,610

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Baxter
Jasper $2.88
US $3.07
🥚
Eggs (grade A, large)
Baxter
Jasper $2.35
US $2.50
🥛
Milk (whole)
Baxter
Jasper $3.79
US $4.03
🍞
Bread (white)
Baxter
Jasper $1.74
US $1.85
🍗
Chicken breast
Baxter
Jasper $3.90
US $4.14
Electricity
Baxter
Jasper $0.15
US $0.19