Fayetteville, TN vs Parsons, TN

Parsons is moderately more affordable than Fayetteville, with a 11.9% lower cost of living index. Fayetteville scores 71 compared to 63 for Parsons, where the US average is 100. This difference means residents of Fayetteville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fayetteville is $753/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 $191,100.

Median household income in Fayetteville is $50,890 compared to $32,129 in Parsons (+58.4%). While Fayetteville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayetteville spend roughly 17.8% of their income on rent, less than the 27.3% in Parsons.