Decaturville, TN vs Parsons, TN

Decaturville, TN and Parsons, TN have a very similar cost of living, with only a 3.7% difference in their overall index. Decaturville scores 66 while Parsons scores 63 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 Decaturville is $756/month compared to $731/month in Parsons — a 3% difference. Home values follow the same pattern: Parsons is more affordable at $107,400 median vs $126,800.

Median household income in Decaturville is $40,500 compared to $32,129 in Parsons (+26.1%). While Decaturville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Decaturville spend roughly 22.4% of their income on rent, less than the 27.3% in Parsons.