Bolivar, TN vs New Market, TN

Bolivar is moderately more affordable than New Market, with a 6.1% lower cost of living index. Bolivar scores 68 compared to 73 for New Market, where the US average is 100. This difference means residents of New Market 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 $946/month in New Market — a 13% difference. Home values follow the same pattern: Bolivar is more affordable at $136,000 median vs $166,400.

Median household income in Bolivar is $38,575 compared to $70,913 in New Market (-45.6%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bolivar spend roughly 25.7% of their income on rent, more than the 16% in New Market.