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Caryville, TN vs Palmer, TN

72
Caryville
Tennessee
VS
+27%
57
Palmer
Tennessee

There is a significant gap in the cost of living between these two cities. Palmer is 27% cheaper than Caryville. With a cost index of 57 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmer to Caryville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caryville is $791/month compared to $573/month in Palmer — a 38% difference. Home values follow the same pattern: Palmer is more affordable at $86,500 median vs $193,300.

Median household income in Caryville is $61,932 compared to $41,250 in Palmer (+50.1%). While Caryville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caryville spend roughly 15.3% of their income on rent, less than the 16.7% in Palmer.

Income & Cost

Cost of Living Index
Caryville
72
Palmer
57
21% cheaper
Median Household Income
Caryville
$61,932
33% higher
Palmer
$41,250

Housing

Median Rent
Caryville
$791
Palmer
$573
28% cheaper
Median Home Value
Caryville
$193,300
Palmer
$86,500
55% cheaper
Population
Caryville
2,079
Palmer
734

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Caryville $2.89
Palmer $2.88
US $3.07
🥚
Eggs (grade A, large)
Caryville $2.36
Palmer $2.35
US $2.50
🥛
Milk (whole)
Caryville $3.80
Palmer $3.79
US $4.03
🍞
Bread (white)
Caryville $1.74
Palmer $1.74
US $1.85
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Chicken breast
Caryville $3.91
Palmer $3.90
US $4.14
Electricity
Caryville $0.15
Palmer $0.15
US $0.19