Falling Water, TN vs Jonesborough, TN
Falling Water, TN and Jonesborough, TN have a very similar cost of living, with only a 2.2% difference in their overall index. Falling Water scores 87 while Jonesborough scores 85 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 Falling Water is $711/month compared to $1,103/month in Jonesborough — a 36% difference. Interestingly, home values tell a different story: while Falling Water has cheaper rent, Jonesborough actually has lower median home values ($247,900 vs $398,400).
Median household income in Falling Water is $113,160 compared to $63,155 in Jonesborough (+79.2%). While Falling Water is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falling Water spend roughly 7.5% of their income on rent, less than the 21% in Jonesborough.
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