Bean Station, TN vs Tellico Plains, TN

Bean Station, TN and Tellico Plains, TN have a very similar cost of living, with only a 3.7% difference in their overall index. Bean Station scores 67 while Tellico Plains scores 65 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 $613/month in Tellico Plains — a 18% difference. Interestingly, home values tell a different story: while Tellico Plains has cheaper rent, Bean Station actually has lower median home values ($156,400 vs $168,000).

Median household income in Bean Station is $50,114 compared to $43,859 in Tellico Plains (+14.3%). While Bean Station is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bean Station spend roughly 17.2% of their income on rent, more than the 16.8% in Tellico Plains.