Carthage, TN vs Tellico Village, TN

The cost of living difference between Carthage, TN and Tellico Village, TN is dramatic. Carthage is 41.1% cheaper than Tellico Village, a gap that translates to thousands of dollars per year in household expenses. Carthage has a cost index of 78 while Tellico Village sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Carthage is $820/month compared to $2,020/month in Tellico Village — a 59% difference. Home values follow the same pattern: Carthage is more affordable at $239,600 median vs $484,900.

Median household income in Carthage is $65,288 compared to $98,214 in Tellico Village (-33.5%). The higher salaries in Tellico Village partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carthage spend roughly 15.1% of their income on rent, less than the 24.7% in Tellico Village.