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Collinwood, TN vs Tazewell, TN

54
Collinwood
Tennessee
VS
-21.3%
68
Tazewell
Tennessee

There is a significant gap in the cost of living between these two cities. Collinwood is 21.3% cheaper than Tazewell. With a cost index of 54 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collinwood to Tazewell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Collinwood is $473/month compared to $748/month in Tazewell — a 37% difference. Home values follow the same pattern: Collinwood is more affordable at $89,100 median vs $163,900.

Median household income in Collinwood is $52,083 compared to $41,852 in Tazewell (+24.4%). Collinwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Collinwood spend roughly 10.9% of their income on rent, less than the 21.4% in Tazewell.

Income & Cost

Cost of Living Index
Collinwood
54
21% cheaper
Tazewell
68
Median Household Income
Collinwood
$52,083
20% higher
Tazewell
$41,852

Housing

Median Rent
Collinwood
$473
37% cheaper
Tazewell
$748
Median Home Value
Collinwood
$89,100
46% cheaper
Tazewell
$163,900
Population
Collinwood
1,044
Tazewell
2,864

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Collinwood
Tazewell $2.89
US $3.07
🥚
Eggs (grade A, large)
Collinwood
Tazewell $2.36
US $2.50
🥛
Milk (whole)
Collinwood
Tazewell $3.80
US $4.03
🍞
Bread (white)
Collinwood
Tazewell $1.74
US $1.85
🍗
Chicken breast
Collinwood
Tazewell $3.91
US $4.14
Electricity
Collinwood
Tazewell $0.15
US $0.19