Bean Station, TN vs Gainesboro, TN

Bean Station, TN and Gainesboro, TN have a very similar cost of living, with only a 2.6% difference in their overall index. Bean Station scores 67 while Gainesboro scores 69 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 Bean Station is $720/month compared to $803/month in Gainesboro — a 10% difference. Interestingly, home values tell a different story: while Bean Station has cheaper rent, Gainesboro actually has lower median home values ($148,500 vs $156,400).

Median household income in Bean Station is $50,114 compared to $45,313 in Gainesboro (+10.6%). Bean Station offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bean Station spend roughly 17.2% of their income on rent, less than the 21.3% in Gainesboro.