Carthage, TN vs Summertown, TN

Carthage, TN and Summertown, TN have a very similar cost of living, with only a 2.4% difference in their overall index. Carthage scores 78 while Summertown scores 77 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 Carthage is $820/month compared to $876/month in Summertown — a 6% difference. Interestingly, home values tell a different story: while Carthage has cheaper rent, Summertown actually has lower median home values ($196,300 vs $239,600).

Median household income in Carthage is $65,288 compared to $82,695 in Summertown (-21%). Summertown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carthage spend roughly 15.1% of their income on rent, more than the 12.7% in Summertown.