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Baxter, TN vs Spurgeon, TN

74
Baxter
Tennessee
VS
+6%
70
Spurgeon
Tennessee

Spurgeon is moderately more affordable than Baxter, with a 6% lower cost of living index. Baxter scores 74 compared to 70 for Spurgeon, 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 $796/month in Spurgeon — a 7% difference. Home values follow the same pattern: Spurgeon is more affordable at $197,500 median vs $198,800.

Median household income in Baxter is $56,806 compared to $66,091 in Spurgeon (-14%). Spurgeon 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 14.5% in Spurgeon.

Income & Cost

Cost of Living Index
Baxter
74
Spurgeon
70
6% cheaper
Median Household Income
Baxter
$56,806
Spurgeon
$66,091
14% higher

Housing

Median Rent
Baxter
$850
Spurgeon
$796
6% cheaper
Median Home Value
Baxter
$198,800
Spurgeon
$197,500
1% cheaper
Population
Baxter
1,278
Spurgeon
3,749

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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