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Fowlkes, TN vs Parsons, TN

60
Fowlkes
Tennessee
VS
-4.3%
63
Parsons
Tennessee

Fowlkes, TN and Parsons, TN have a very similar cost of living, with only a 4.3% difference in their overall index. Fowlkes scores 60 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 Fowlkes is $712/month compared to $731/month in Parsons — a 3% difference. Home values follow the same pattern: Fowlkes is more affordable at $81,400 median vs $107,400.

Median household income in Fowlkes is $43,813 compared to $32,129 in Parsons (+36.4%). Fowlkes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fowlkes spend roughly 19.5% of their income on rent, less than the 27.3% in Parsons.

Income & Cost

Cost of Living Index
Fowlkes
60
4% cheaper
Parsons
63
Median Household Income
Fowlkes
$43,813
27% higher
Parsons
$32,129

Housing

Median Rent
Fowlkes
$712
3% cheaper
Parsons
$731
Median Home Value
Fowlkes
$81,400
24% cheaper
Parsons
$107,400
Population
Fowlkes
898
Parsons
2,578

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