Dayton, TN vs New Tazewell, TN

Dayton, TN and New Tazewell, TN have a very similar cost of living, with only a 3.9% difference in their overall index. Dayton scores 69 while New Tazewell scores 67 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 Dayton is $807/month compared to $690/month in New Tazewell — a 17% difference. Interestingly, home values tell a different story: while New Tazewell has cheaper rent, Dayton actually has lower median home values ($152,200 vs $162,500).

Median household income in Dayton is $56,692 compared to $55,254 in New Tazewell (+2.6%). The higher salaries in Dayton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Dayton spend roughly 17.1% of their income on rent, more than the 15% in New Tazewell.