Falling Water, TN vs Rockford, TN

Falling Water, TN and Rockford, TN have a very similar cost of living, with only a 3.9% difference in their overall index. Falling Water scores 87 while Rockford scores 83 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 $1,013/month in Rockford — a 30% difference. Interestingly, home values tell a different story: while Falling Water has cheaper rent, Rockford actually has lower median home values ($247,700 vs $398,400).

Median household income in Falling Water is $113,160 compared to $66,786 in Rockford (+69.4%). 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 18.2% in Rockford.