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Bolivar, TN vs Cowan, TN

68
Bolivar
Tennessee
VS
+7%
64
Cowan
Tennessee

Cowan is moderately more affordable than Bolivar, with a 7% lower cost of living index. Bolivar scores 68 compared to 64 for Cowan, where the US average is 100. This difference means residents of Bolivar can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bolivar is $827/month compared to $716/month in Cowan — a 16% difference. Home values follow the same pattern: Cowan is more affordable at $122,500 median vs $136,000.

Median household income in Bolivar is $38,575 compared to $37,295 in Cowan (+3.4%). Bolivar does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bolivar spend roughly 25.7% of their income on rent, more than the 23% in Cowan.

Income & Cost

Cost of Living Index
Bolivar
68
Cowan
64
7% cheaper
Median Household Income
Bolivar
$38,575
3% higher
Cowan
$37,295

Housing

Median Rent
Bolivar
$827
Cowan
$716
13% cheaper
Median Home Value
Bolivar
$136,000
Cowan
$122,500
10% cheaper
Population
Bolivar
5,171
Cowan
1,777

Salary Equivalency Calculator

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